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[QUOTE]Originally posted by skip: [QB] It's a filing that shows beneficial ownership of shares. If a person owns 5% or more of the outstanding shares, they are "required" to file a SC-13. This allows the company and the SEC to know who has a voting interest in the company. With an o/s and price as low as SEWC has, I bet there are a few people that easily have 5%+ of this o/s. And, if that is the case, then there has been some naked short selling going on, because theoretically, that shouldn't be possible... bear in mind, one would only need to own 885,000 shares to have 5% of the current o/s... [/QB][/QUOTE]
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