Wednesday, September 11, 2019 11:35:22 PM
"STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP"
"Generally, restricted securities held by non-affiliates are subject to a 6 or 12 month holding period. If the issuer is a shell or former shell company then more stringent rules apply to resales."
"non affiliates" I believe would include Steven Ross. And anyone given shares in the past for services, like consultants.
"For a company that has at any time been a shell company, the holding period becomes 12 months after the date that the issuer files Form 10 information with the SEC. Anyone seeking to remove the legend from restricted securities should proceed cautiously with the assistance of qualified securities counsel."
https://www.securitieslawyer101.com/2014/resell-restricted-stock/
So a lawyer had to sign off on removing the restriction for those 6 million now unrestricted shares.
Recent GRNF News
- GRN HOLDING CORP ANNOUNCES JOINT VENTURE WITH ONE WORLD LEGENDS ON GLOBAL DISTRIBUTION OF CANNABIS • InvestorsHub NewsWire • 08/15/2023 01:00:00 PM
- GRN Holding Corporation Successfully Completes Merger with Marijuana Inc., Creating a Leading Force in the Cannabis Industry • InvestorsHub NewsWire • 05/23/2023 12:00:00 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM