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BonelessCat

11/07/11 3:12 PM

#55649 RE: WorstLuck #55647

5 percent equity ownership rule within 45 days after the end of each calendar year.


5% holdings would be about 7.5 million shares. Seaside could not have accumulated that many shares in 2010, so we would not see a filing for that calendar year. If they are accumulating above the 5% threshold, then we would not see a filing for 2011 until January and possibly not until mid-February.