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

To: Daniel Chisholm who wrote (3637)8/24/1999 9:53:00 AM
From: Janice Shell  Read Replies (2) | Respond to of 7056
 
If they are registered, then whoever receives the loaned shares has just been given the opportunity to (safely?) short a coupla million shares.

OH WOW!!! I can't believe that didn't occur to me!



To: Daniel Chisholm who wrote (3637)8/24/1999 10:26:00 AM
From: celeryroot.com  Read Replies (1) | Respond to of 7056
 
I believe the new owners would have to file with SEC and old owner also as it is a change of status.....also, someone should check with CA attorney general office...I'm not sure this is legal.Normally , shareholders must be given prior notice before registered shares is increased, this seems to be away to circumvent that.


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