TheGlobe.com Inc (TGLO)

[Toxic Avenger]

The only unregistered/restricted shares are those held by Delfin.
They can unrestrict them shortly having held them for 6 months, but there are very strict limits on selling them.
They can of course reverse split, issue themselves new restricted shares and sell new, unrestricted shares to investors who are not related to Delfin by filing the proper paperwork with the SEC.

"Trading Volume Formula. If you are an affiliate, the number of equity securities you may sell during any three-month period cannot exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing of a notice of sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement."
https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html