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Re: longymickshort post# 212696

Sunday, 01/18/2015 10:22:56 PM

Sunday, January 18, 2015 10:22:56 PM

Post# of 263859
Yes, still holding. Unless he is hard-up for cash?...the shares being restricted and him being a former officer doesn't allow him to get rid of them in one lump sell, unless it was sign-off by and ok'd by the BOD and registered with the TA

http://www.sec.gov/investor/pubs/rule144.htm

Trading Volume Formula. If you are an affiliate, the number of equity securities you may sell during any three-month period cannot exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing of a notice of sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement.


But, cash could be an issue, as the site below never painted a picture with a wind-fall of cash generated from CCI

http://www.manta.com/c/mxcp9d8/cannabis-career-institute

Business Information

Location Type
HQ

Year Established
2009

Annual Revenue Estimate
Less than $100,000

Employees
2 to 4




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