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janice shell

03/01/07 9:44 PM

#251509 RE: Jim Bishop #251505

Nevada could revoke if they don't file an annual report. But they could easily incorporate somewhere else.

BUT the SEC could revoke if they meet a certain asset level and have more than 300 or 500 shareholders, depending on the asset level. But of course we won't know what the value of their assets are unless they produce financials.