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mastaflash

05/26/11 11:26 AM

#135711 RE: mretgnol #135710

When they have over 300 shareholders of record, they must still file with the S.E.C - True, and a curiosity here, because the SEC apparently views BCIT as having 300+ shareholders....otherwise, Megas could of filed an exemption instead of going the fully reporting route. Don't you see the catch 22? Hint: Shareholders of record per T/A is near 80.