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Re: TigerCloud post# 70001

Friday, 07/31/2015 11:04:09 PM

Friday, July 31, 2015 11:04:09 PM

Post# of 102936
Well perhaps I will educate the investing public & any other who may not know why or the difference & SEC Regs/Rules regarding 144 shares, normal shares & SEC filings Form 3, Form 4 & Form 5 Filings.
Since this was provided http://www.sec.gov/investor/pubs/rule144.htm maybe all that is needed for understanding is this http://www.sec.gov/investor/alerts/forms-3-4-5.pdf As with the proper filings a CEO can sell as you say

Why not just buy the shares back and hold them as normal or restricted shares?

as the only official shares that are restricted even if sold to say even an accredited investor are officially designated 144 shares not as was also stated

Why would the CEO want the ability to re sell them, unless he plans to dump the shares after he buys them.

simply because reselling if even possible, check above for further clarity on the type of investor that they could be sold to...144 classified shares are still restricted for 12 months from the original date of those shares designation. now one does not have to be an accredited investor but it might help but in my case that is also verifiable here on the hub as the many 504D deals that I & group called The Wolf Pack have been involved in, so hope this helps educate anyone & everyone who did not know why exchange shares bought in the open market into officially SEC designated 144 shares are the only clssification/designated shares that can not be sold without being officially restricted. Our CEO seems to also know how to assure shareholders that those shares will not be or could not be sold back into the market until the 12 months restricted period had passed. Glad to be of help!

Alpha Male always Caribbean Wolf Pack Strong The Society of Slayers