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I don't think Hive can do business without registering with the SEC. I thought they were required to know. Hive did register under them, unless I'm mistaken and that's definitely a possibility:
https://www.sec.gov/Archives/edgar/data/1720424/000106299321004289/exhibit99-1.htm
RE: Well..... there goes my post that actually makes business sense...And upvote my 5 comments- good business..