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SSP

03/24/06 11:48 AM

#84137 RE: redlepper #84136

Yes they must notify 10 days before, I think they may have screwed up and not notified, they broke the law! Rule10B-17

http://www.law.uc.edu/CCL/34ActRls/rule10b-17.html
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Jim Bishop

03/24/06 12:01 PM

#84140 RE: redlepper #84136

I think it still falls under Rule 10b-17. Lets see what the lawyer has to say. I'll try him now.

Obviously the MM's are not quoting post forward split.

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Jim Bishop

03/24/06 12:16 PM

#84147 RE: redlepper #84136

You might be right, that's more or less what the lawyer told me.

Because there was no paper in the system before the f/s or dividend as he called it he doesn't think Rule 10b-17 applies.

Guess we should call NASD and check with them.

I told the lawyer about what we do as far as divvy and split plays, told him about GVRP.

He says "you're nearby, where are you", I told him, he says "I like your investment style, next time you're in Vancouver maybe we can have lunch. LOL

Also told him looks to me like the MM's are quoting it as pre split and there's no way this company should have a $90 million market cap....he agreed on that point.