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Monday, October 20, 2014 2:26:48 PM
"6/17/2014 Monica A. Vazquez 15,000,000 .05 Acquisition of HWC"
On 6/17/2014 igrw opened @ O349 hi of O349 lo of O3 closed @ OO33 vol 840,159...within a few trading weeks igrw's pps dropped below a penny. So...did she sell? Purchase price of O5 makes the acquisition worth $750,000 (her share, guessing she was sole proprietor)...if she averaged O25 per share sold she would have been lucky to snare $375,000...would have to tally up the volume to see if that was possible...if her shares were Rule 144 shares then they should have been restricted for a year, if they were Rule 504 shares then there isn't a restriction and they can be sold...problem is > igrw failed to file a FORM D to utilize the exemption from registration provided by Rule 504...tsk, tsk, shame on igrw, lOl...
Link > FORM D for Rule 506. No FORM D for Rule 504.
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