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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC. -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Miller who wrote (1464)4/17/1999 9:24:00 PM
From: Janice Shell  Read Replies (1) | Respond to of 4128
 
Pretty outdated though...

Well, yes. A 15c2-11 is filed only when a company initially puts its stock on the market. In order for trading to begin, one MM has to sign off on it. You take my point: the company fills out the form, persuades the MM in question to sign. The other MMs piggyback; only the first is legally responsible for the truth (or lack of it) contained therein.

If ABFC is a client of the Depository Trust Company (which it probably is) it may (and probably does) subscribe to the DTC's weekly position reports. Only company officers and board members have access to the reports. For examples, see:

magneticdiary.com
magneticdiary.com

magneticdiary.com

In the last, note the short position indicated by the minus sign.

Bear in mind that these are indications of NET short positions.