ADMITTED ASSETS Definition

ADMITTED ASSETS are assets whose values are permitted by state law to be included in the annual statement.

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MATERIAL WEAKNESS is a condition that could potentially result in the material misstatement of the financial statements.

SHORT INTEREST is the total number of shares of a security that have been sold short that have not been repurchased to settle short positions in the market (covered). Currently there is no requirement that market participants report their short positions in OTCBB securities to FINRA.

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