Monday, August 03, 2020 10:01:36 PM
Concerning my question. Several entities, people and businesses, have received restricted shares, meaning they cannot be immediately sold upon receiving them.
Some of the shares were restricted under rule 144, which was discussed some days ago. I believe they have to be held 6 months but am not sure if this is a blanket condition.
It is possible other shares that were restricted have differing time limits before they can be sold. Perhaps the shares given to Cherokee in exchange for loan payments or others for services, etc.
It would be good for us to know when those shares become available to be sold, the restrictions removed.
The terms for these restrictions is what I did not find in public info.
Sometimes it is listed on websites or in an accounting document somewhere.
Thanks again bk1287 for the efforts.
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