Tuesday, October 07, 2014 3:22:16 PM
Instead, the 125m that you say were issued in April 2014 are being surrendered back to the company (in exchange for what we don't know), and then a new 125m shares are being issued/exchanged for the 1B outstanding shares from the lawsuit.
My question, then, is what will be considered the issuance date for those new 125m shares that Huffy/Klein are getting, since the rule they are being exchanged under apparently allows the issuance date of the original 1B shares (which I believe was in 2011?) to be used for the "new" 125m.
So it is possible that the Rule 144 holding period for the new 125m shares has already expired, and they could be sold as soon as they are received. Just looking for some confirmation as to whether that is not the case, and if not, when the 125m shares going to Victory could be sold.
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