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To: lost a mint who wrote (2599)2/19/1999 7:35:00 AM
From: ColleenB  Respond to of 3171
 
I found this information over on the TSIS thread and posted it here a while back. What was concluded was that the 5% rule might not affect OTC-BB stocks. I'm not claiming that the information I found was accurate as it was from an on going discussion and not from verifiable "legal" links. Although, this would be good information to have.

Also, if the 5% rule does not affect current nonreporting BB stocks, will this change once the company becomes reporting, which is inevitable because of the new SEC ruling.



To: lost a mint who wrote (2599)2/19/1999 12:11:00 PM
From: Goinlong  Read Replies (2) | Respond to of 3171
 
Bob,
I never really delved into it to far. I have "given" some of my shares to other family members by calling some certs, et. I have 5 family members as well as an investment group that will be incoporated so we can spread this out pretty good. I know you are not supposed to fall in love with a stock but I have a gut feeling on this one.