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starfire

02/01/15 10:25 PM

#345185 RE: starfire #345184

Looks like there is a divergence between IIROC and SEC regarding OS

[On July 3, 2009 and again on July 8, 2009 Canaccord’s compliance department
(Compliance) noted that both the MARE and DIOM accounts had each received in 37
million shares of Spongetech which represented 5.1% of Spongetech’s 723 million
outstanding shares outstanding
. /quote]

starfire

02/02/15 10:48 PM

#345187 RE: starfire #345184

Jay, the only time these guys produced documentation(irregular purchase agreements) while depositing shares was in small number of shares. The larger number of shares, ex., 20million etc, was first transferred to Cannaccord Capital and then CC sold them out into CEDE. This same pattern holds true between Accacia & Penson!