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lasers

Re: TOB post# 6022

Monday, 06/22/2015 3:49:05 PM

Monday, June 22, 2015 3:49:05 PM

Post# of 35143
Exactly

The Trading Volume Formula is in play here for Control Securities. For an OTC stock an affiliate can sell no more than 1% of the outstanding shares in any three-month period. That's pretty restrictive and should keep any 10% or + holder locked in. They obviously know this rule, so if they go to 10% we know they're thinking hold, not sell.

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