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finbar99

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finbar99

Re: Stetson_8x post# 7954

Monday, 07/01/2013 5:12:39 PM

Monday, July 01, 2013 5:12:39 PM

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The requirement to file a notice of substantial ownership is a burden on the buyer - not on the issuer; if you are acquiring a substantial position, especially with designs to wield influence, you'd invite all sorts of legal problems if you didn't disclose, regardless of whether the shares traded on an exchange or OTC.
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