SCHEDULE 13G
Schedule 13G is a form in the Securities and Exchange Commission similar to Schedule 13D. It is a mandatory form to be filed when more than 5% of any class of a company’s shares is owned by a single individual or group. The difference between schedule 13D and schedule 13G is that the latter is much shorter and requires the owner or the filing party significantly less disclosure of information. Any ownership of shares, securities, and publicly-traded stock is regarded to be critical ownership that must be made known to the general public.
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