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clawmann

09/15/08 6:52 AM

#148683 RE: JPetroInc #148682

In the United States, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors and any beneficial owners of more than ten percent of a class of the company's equity securities (Hmmmmmm). I have yet to find an exemption for a VP of Marketing.

see also the following links:

http://www.securitieslawfirms.com/insider-trading.cfm

http://en.wikipedia.org/wiki/Insider_trading

http://www.sec.gov/answers/form345.htm