InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register account icon
S&P 500
5,505.00
(
-0.71%
)
US TECH 100
19,000.00
(
-0.94%
)
Dow Jones
40,287.53
(
-0.93%
)
Brent Oil
81.88
(
0.00%
)
Bitcoin
67,098.12
(
-0.11%
)
Post# of 32393
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

StockMedic1

Send PM Follow Ignore
Followers 24
Posts 1743
Boards Moderated 1
Alias Born 03/16/2015

StockMedic1

Re: Penny Stocks 2.0 post# 2443

Monday, 10/12/2015 11:34:45 AM

Monday, October 12, 2015 11:34:45 AM

Post# of 32393
Its better than that for us. According to the rules, the insiders have to wait 6 months before they can sell AFTER they convert. And then, they can only sell 1% of the actual outstanding shares of the company every 3 months. So if ANY of the insiders convert, they have to wait 6 months to sell. Then they have to file a Form 144 before they sell, and they can only sell 1% of then then outstanding shares and thats over a 3 months period. No worries here!
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up