Sylios Corp. (fka UNGS)

[Sheepdog]

Sure you can trade restricted shares.....privately. You can sign them over to anybody you want for any reason you want as long as you don't go through a broker or otherwise trade on the marketplace. You will need to get a medallion guarantee and pay all of the TA's transfer fees.

And because any "trade price" is not of record, it won't change the value of everybody else's shares.

Which is a primary reason Wayne won't register them. It will be hard for him to claim a fake asset for them if they trade and immediately drop to no-bid.

He will first publish financials showing them to be worth a Gazillion dollars, then he will arrange to dump his shares first, then he will allow others to try to sell them at .0001