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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: Anthony@Pacific who wrote (41827)8/1/1999 11:02:00 PM
From: T A P  Read Replies (2) of 122087
 
Anthony...I appreciate your response to my question and your certainly entitled to your opinion that T A P was overcompensated from some of the companies we represent however like I said the prices of some of them were pennies at the time. That said, in response to the shares for compensation to promoters issue it all depends what rule they were issued under. A promoter can receive shares depending on his capacity and to what extent the promoter serves e.i. raising money for company through a stock offering or shares registered under rule 701 would be against SEC rules however not all stock is prohibited and a promoter can take free trading shares under certain registrations depending also on other SEC rules and regulations.
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