Kag: Help me...It clearly states that the shares were restricted for a period of ONE YEAR in all entries denoted by an "A" -- which is basically all of them (see below from the same filing). So basically every share represented in your post has been unrestricted and can be traded publically. One of us is about to put on a duntz cap and I hope it's not me but if it is I'll take it like a champ...but I don't expect you to of course....too arrogant.
I'm still waiting for an explanation of 18 million shares being restricted.
"A. These shares were all issued to non-U.S. persons who reside outside of the United States. The negotiations and agreements relating to the issuance of these shares were made by the Company's officers (who were all Canadian citizens) from the Company's offices in British Columbia. The shares were restricted from resale in the public markets for a period of one year from the date of their issuance. During the one year period following the date of their issuance none of these shares were transferred. Although these shares were not technically issued in accordance with Regulation S, these shares were nevertheless exempt from the registration requirements of the Securities Act of 1933 by virtue of Release 4708, which was the predecessor to Regulation S. "
DISCLAIMER: NEVER ASSUME INFO ON MESSAGE BOARDS TO BE ACCURATE. ALWAYS DO YOUR OWN DUE DILIGENCE. DON'T BUY STOCK BASED ON THIS POST OR ANY OTHER POST. I OWN A LONG POSITION IN THIS STOCK AND THEREFORE I AM BIASED.
