Back in the day when this company first started that is what they offered, however, one was not informed that the stock would be restricted and when the stock arrived low and behold it had this funny little red stamp on it also known as a red herring or legend.
Now mind you the topic of the restricted stock was discussed during the first and only open shareholders meeting held in SFO in our then attorney's office and openly and on record discussed with Bill and counsel. Bill stated he would work out a deal with counsel so those holding the restricted certificates could get an attorneys opinion letter in a group-like setting for a tremendous discount, counsel agreed as well with Bill. That was in January of 2009 or 2010, I will have to look back at my notes. And it is my understanding, but I don't know this for a fact like I do the above mentioned, Bill through Steven is still cranking out the restricted certs for those partnership shareholders. Sadly some folks who were also involved in this 144 trap have since passed and trust me, needed the money!
So Jax the bottom line, before you cast aspersions or pass judgement, you first should do some research on the company and its past and ongoing shenanigans as there were a lot of people hurt by this company and its manipulations.
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