Why can't the system be subscribed to the Base Channel on RHN ?

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Issue

Unable to set Base Channel for system in RHN. It shows the machine as having an update entitlement but no associated base channel.
Why can't the system be subscribed to the Base Channel on RHN ?
Why does RHN doesn't allow to subscribe the system to Base Channel ?

Environment

Red Hat Network (RHN) Hosted

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