InvestorsHub Logo

Nabbbss

10/16/14 3:35 PM

#106346 RE: jorneyman5 #106345

Under the Securities Exchange Act of 1934, a private Shareholder
who Owns an amount of Shares meeting/exceeding 5% of the Total
Outstanding (but not greater than 20%), must File an SEC Schedule
13G Form/Report, provided the private Shareholder is a passive
Investor and does not plan on exerting Control.

If the size/quantity of the Shareholder's stake exceeds 20%, then
the Shareholder must File an SEC Schedule 13D Form/Report.

See...

http://www.investopedia.com/terms/s/schedule13g.asp

and

http://www.sec.gov/divisions/corpfin/guidance/reg13d-interp.htm


All the Best to you and Brave BRAV!$ :-)