InvestorsHub Logo
Followers 36
Posts 3298
Boards Moderated 0
Alias Born 01/05/2005

Re: Wonks post# 39910

Friday, 01/30/2015 8:52:01 AM

Friday, January 30, 2015 8:52:01 AM

Post# of 60139
Walid anytime a company issues new shares they are branded "RESTRICTED" by the transfer agent. They will remain RESTRICTED for 2 years, which means they can't be sold unless they are registered in a registration filing, or at the end of 2 years the holder can sell under a 144 exemption. Hope this helps. GLTY

Bob





DISCLAIMER: I hold a considerable amount of shares and may buy or SELL them at anytime, although they are in certificate form and are not on deposit at any brokerage firm!!! PLEASE DO NOT LISTEN TO ANYTHING I SAY OR BUY THIS STOCK or ANY STOCK I POST ABOUT!!!THIS IS MY ENTERTAINMENT!!!!