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Thursday, January 19, 2017 2:54:06 PM
in these transactions are immediately saleable with a simple opinion letter as they are payments for "aged debt"
The clock on on the restriction begins when the debt is incurred. Not when the stock is issued.
Whatever happened to Dean Janes' shares? He was issued shares in the bankruptcy and, in a very curious transaction, he received payments from the LENDERS POST bankruptcy.
In most jurisdictions, we would call that a "kickback"
So what happened to his shares?
#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,
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