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Called the writer and told him that the formation of Newco is not a reportable eventprimarily because there is no acquisition. No assets are being transferred to Newco. We did not reach the issue of...

None.

None.

Based on the facts there are no reporting obligations for the parties involved in these transactions. Called (redacted) 5-23-96. PS

See staff correction to letter.

None. (Letter follows up 9605007)

The size-of-person test is based on the last regularly prepared balance sheet if not over 15 months old. Facts of letter indicate that size tests are not met.

Company B

5/1/96- Advised writer that U.S. issuers right (even though non-exclusive) to useforeign government (redacted), a (redacted) which transports (redacted) after it passesthrough the (redacted) of a...

Based on all of the facts, you have made the determination that it is not reportable. (Assuming the size-of-person test is met). I concur that this transaction is exempt by (redacted) under Section...

4/26/96 Advised co-counsel to writer that cash held by A, regardless of its source, is an exempt asset. However, assets of A used to manage properties of others are not exempt under 802.5(b)(iv) and...

4/18/96 - Transactions are exempt as noted.