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Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Little Engine who wrote (9530)	1/28/1999 1:14:00 AM
From: RBM	Read Replies (1) \| Respond to of 10343

LE, Actually in the world of BB's you don't have to report percentage of ownership... (at least that is what I have been told by a friend at PW...) Hey nice to see you back here, always looking for a little rain on a sunny day :-) Rob

To: Little Engine who wrote (9530)	1/31/1999 5:00:00 PM
From: Theo	Read Replies (1) \| Respond to of 10343

LE, So let me get this straight... if I own 1.9 million shares of a stock with 2 million outstanding, but 20 million authorized... I don't have to file anything? Hardly sounds right. Tell you what. I went to the trouble of finding this: sec.gov Thsi particular document deals solely with "insider" rules and proposed rule-making. I do know my "10%" answer is correct as far as the percentage used is concerned, however, if you want to dispute the hows and whys I will be more than happy to hear YOUR version of what this 384 gazillion page document refers to. Here is an excerpt: Since volitional intra-plan transfers involving issuer equity securities funds and cash distributions funded by volitional dispositions of issuer equity securities are the equivalent of discretionary purchase and sale transactions, these transactions would be exempt only if effected pursuant to an election by the insider made at least six months after an election pursuant to which the last such transaction was effected. -[15]- Except for the foregoing transactions, the anti-discrimination provisions of the tax laws applicable to broad-based plans should suffice to minimize the potential for insider profit through unfair use of confidential corporate information. An acquisition pursuant to a plan or transaction that satisfies the conditions applicable to performance-based compensation imposed by Section 162(m) of the Internal Revenue Code -[16]- also would be exempt without further condition on the basis that the tax conditions applicable to such transactions (some of which such conditions closely mirror the... All kinds of exemptions for compensation and similar circumstances. Like any of us have a clue..........<BG!> Theo;-)