NightCulture Inc (fka NGHTD)

[General_Sevier]

CASE IN POINT

Guess it helps when somebody understands "REPORTING COMPANY 101"

http://restrictedstock.co/

Rule 144 Holding Period for SEC Reporting Issuers

Rule 144 has a holding period requirement of six (6) months for shares in an SEC Reporting Company like an OTC Bulletin Board, OTCBB, and OTC Markets OTCQB and OTCQX. This means that a Shareholder must have held the shares for that long before trying to sell under Rule 144.

Rule 144 Holding Period for Pink Sheets

The holding period under Rule 144 for shares in a Non Reporting Company such as an OTC Markets Pink Sheet Issuer is twelve (12) months. So a Shareholder in a Pink Sheet must have held the shares for a year before using Rule 144 to clear the restricted stock.