InvestorsHub Logo
Followers 6
Posts 7515
Boards Moderated 0
Alias Born 10/05/2010

Re: Mechatronical post# 49057

Friday, 02/01/2013 10:22:10 AM

Friday, February 01, 2013 10:22:10 AM

Post# of 56720

Not according to GOSY's DE attorney's legal brief.

Rule 144 ALWAYS applies.

And the lawyer is WRONG!!!!! This is not the first time he's been wrong. He also submitted a legal brief saying Wallace's judgment should be dismissed because the court didn't have jurisdiction. He was wrong then too, as a humiliated marty learned.

The Delaware law, which isn't mentioned in Gouge's brief, allows marty's stock to be attached and sold. Gouge is asking Judge Vaughn to invalidate the DE statute. Only a moron believes this will happen. And this is why Gouge never mentions the DE law in his brief.

Rule 144 stock is magically going to turn into free trading shares ready for sale through the sheriff's office.

That's the beauty of the law. It can be sold as restricted shares. It doesn't have to be free trading. In fact, marty doesn't even have to own the shares--if he has an option to purchase, that can be attached and sold as well. The buyer obtains the shares with the same restrictions. But he owns them, not marty. I would urge you to read the DE law again. The one Gouge never mentions in his brief.