Wednesday, May 08, 2019 1:45:06 PM
Huh, he provides nothing to what he says. There was no smack down.
Here, this is a clear exemption that allows a non affiliate to sell the shares
https://www.pillsburylaw.com/images/content/4/8/v2/483/RobbinsRule7012013.pdf
Rule 701(g)(3) provides that 90 days after an issuer becomes subject to the
reporting requirements of the Exchange Act, securities issued in a Rule
701 transaction may be resold pursuant to Rule 144 by a person who is not
an affiliate of the issuer in reliance on Rule 144, without compliance with
paragraphs (c), (d), (e) and (h) of Rule 144, and by affiliates without
compliance with paragraph (d) of Rule 144.
Here, this is a clear exemption that allows a non affiliate to sell the shares
https://www.pillsburylaw.com/images/content/4/8/v2/483/RobbinsRule7012013.pdf
Rule 701(g)(3) provides that 90 days after an issuer becomes subject to the
reporting requirements of the Exchange Act, securities issued in a Rule
701 transaction may be resold pursuant to Rule 144 by a person who is not
an affiliate of the issuer in reliance on Rule 144, without compliance with
paragraphs (c), (d), (e) and (h) of Rule 144, and by affiliates without
compliance with paragraph (d) of Rule 144.
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