Social Media Ventures Inc. (SMVI)

[WarMachine]

REALITY CHECK! Securities Act Rule 144

144 is for Selling restricted or control securities

https://www.sec.gov/answers/rule144.htm

This in NO WAY puts a restriction on DUMPING THE 7 BILLION COMMON SHARES that were added to the company treasury back in 2011. As long as those shares don't change CONTROL of the company THAYER can DILUTE SHAREHOLDERS right up to the MAX ISSUED SHARES.

Usually these POS penny scams have a small number of restricted shares that carry a multiplier to keep CONTROL without tying up a large amount of the authorized shares.

If this POS gets current, look out for a reverse split followed by a share dump into the new higher price.