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Re: None

Saturday, 05/16/2015 2:18:22 AM

Saturday, May 16, 2015 2:18:22 AM

Post# of 59584
Alonzo broke the Rule 144 eligibility!

What happens if a purported Rule 144 transaction does not, or cannot, strictly comply with Rule 144? A selling security holder that does not comply with Rule 144 and does not have an alternative available exemption from registration requirements may be deemed an underwriter that has sold without registration. Non-compliance could result in rescission of the transaction, civil liability, or even criminal liability.

One of the reasons it is criminal to purposely make a Rule 144 note ineligible, because its hard to put a value on the loss for the note holders! For Example- What would present, and future earnings be? $1MM ? $1Billion? who knows- Alonzo took that option away from us when he signed our rights away without mutual agreement!

IN ESSENCE THE LENDERS HAVE ALREADY WON THEIR CASE! THE COURTS JUST NEED TO DECIDE THE MONETARY VALUE AND OR DAMAGES!