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Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?


To: bob sims who wrote (2149)6/17/1999 12:54:00 PM
From: wonk  Respond to of 7056
 
I can understand your point of view, however on the other hand you must realize that this is a start up BB company that was not subject to certain rules and regulation until they were reporting.

Again, you are wrong.

SCMI was a reporting company.

They were delinquent in their filings.

As a consequence of the merger, Hitsgalore was the surviving entity and assumed all the responsibilities associated with being a reporting entity.

...I suggest you brush up on corporate law.

I'm content to let others judge who seems to have a better handle on the requirements of the law.



To: bob sims who wrote (2149)6/17/1999 1:57:00 PM
From: wonk  Read Replies (1) | Respond to of 7056
 
BTW:

... I suggest you brush up on corporate law.

Since you deem me deficient in this area, would you care to enlighten me as to the whereabouts of the required 13d filings by - at minimum - Mr. Bradford and Mr. Reed.

General Rules and Regulations promulgated under the Securities Exchange Act of 1934

Rule 13d-1 -- Filing of Schedules 13D and 13G

a.Any person who, after acquiring directly or indirectly the beneficial ownership of any equity security of a class which is specified in paragraph (i) of this section, is directly or indirectly the beneficial owner of more than five percent of the class shall, within 10 days after the acquisition, file with the Commission, a statement containing the information required by Schedule 13D.


law.uc.edu

If you believe them to be exempt, please cite the appropriate Rule.