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Re: doogdilinger post# 97675

Monday, 06/24/2019 6:24:52 PM

Monday, June 24, 2019 6:24:52 PM

Post# of 163969
Here is what the SEC says:

Holding Period. Before you may sell any restricted securities in the marketplace, you must hold them for a certain period of time. If the company that issued the securities is a “reporting company” in that it is subject to the reporting requirements of the Securities Exchange Act of 1934, then you must hold the securities for at least six months. If the issuer of the securities is not subject to the reporting requirements, then you must hold the securities for at least one year. The relevant holding period begins when the securities were bought and fully paid for. The holding period only applies to restricted securities. Because securities acquired in the public market are not restricted, there is no holding period for an affiliate who purchases securities of the issuer in the marketplace. But the resale of an affiliate's shares as control securities is subject to the other conditions of the rule.


https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html

It has ZERO to do with OTC’s fake tiers. If you are an SEC reporting company as VYST is the holding period is six months.

"Harsh reality is always better than false hope"

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