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es1

05/10/16 1:48 PM

#21350 RE: European #21349

You got that backwards.
They still hold about .6% (2m)shares
They were a 5% holder and no longer are.
This filing is just required info for any 5% holder.
They are not allowed to own 5% of a penny stock.
They had to sell and held 2m in reserve