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This article at http://www.stockgumshoe.com/2008/06/secured-investment-contracts-legally-obligated-181-gains-stansberry.html will answer it much better than I can. This article at www.stockgumshoe.com/2008/06/secured-investment-contracts-legally-obligated-181-gains-stansberry.html

will answer better than I can.

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Q: What is a us corporation secured investment contract?
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