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integral

08/02/15 6:15 PM

#142169 RE: gitreal #142167

It appears that the shares were issued in individual names. The company is required by law to report that as income to the irs. The irs changed the rule in 2008, financia institutiona now have to report all stock sales to the irs. They will get caught in 2017 if they dont declare it.

The irs left open a loophole, but i will not disclose that here.