Unique Logistics International Inc (UNQL)

[Threeflight]

You are mistaking how and when the shares become free trading. It is not when the shares are issued in cert form to the holder of the shares, it is when the transaction for the shares is first completed.

So when the debt/loan deal was first made, over a year ago, for those 35 M shares (plus some), that is when the one year time limit for those shares began ticking. Not 3 weeks ago.

For example I worked for a company as IR and received 2 M shares on March 20, 2017. They were restricted shares for one year. On March 20 2018, those shares became unrestricted even though I still did not have the stock cert in my possession yet. So in April of that year, I got the 144 opinion letter and the TA to issue me those shares in a stock cert and I could deposit and sell them from that point forward. I did not have to wait a year from the time I got the stock cert.

THAT is where you keep either getting confused or misleading people. The shares one year time limit begins the moment the transaction is inked, not from the TA issuing the shares. And in this case the transaction between UNQL and the noteholder is well over a year old, and that is why he is selling shares, or was.

Most likely with Wilson Davis since UNQL is still pink.