Utah
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333-29903
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30-0123229
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(State
or other jurisdiction of
incorporation
or organization)
|
(Commission
File Number)
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(I.R.S.
Employer
Identification
No.)
|
r
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
r
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
r
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
r
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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–
|
The
high accounting, legal and administrative costs of preparing and filing
periodic reports and other filings with the SEC in comparison to the size
of the Company.
|
–
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The
need for senior management of the Company to devote more time to the
business of the Company.
|
–
|
The
need to maintain the confidentiality of sensitive business information
that would otherwise require SEC
disclosure.
|
–
|
The
already limited trading in the Company's common
stock..
|
–
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The
fact that current trading prices of the common stock make it unlikely that
the Company could effectively use its common stock to compensate
employees, raise capital or make
acquisitions.
|
SOVEREIGN
EXPLORATION ASSOCIATES INTERNATIONAL, INC.
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March
20, 2009
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By:
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Robert
D. Baca, Chief Executive Officer
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