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The Rainmaker

06/15/10 5:08 PM

#10575 RE: Nikodemos #10570

OK, since SSWC is still a fully reporting company who never filed a Form 15-12g to de-register Ken was correct. They are behind in there filings by almost 2 years but are still registered as fully reporting.

Here is why KG is correct......SSWC was designated as a shell company before Ken took over and added Kenergy Scientific into SSWC. Rule 144 for fully reporting former shells, any new shares issued are restricted for 12 months after they file their first new Form 10 which would make them fully reporting again. So yes 12 months after KG gets SSWC fully reporting again is when he can sell. Talk about incentive for KG to get this stock fully reporting and back on otcbb again. I knew he didn't have shares coming off restriction, those who sold based on this got sucker punched by jkrinvestor today imho.