4Cable TV International Inc (CATV)

[I-Glow]

Adar is supposed to receive free trading shares - the shares aren't restricted after 1 year. The Adar shares that are converted aren't subject to a restrictive legend.

You need to understand Rule 144 - a one-year holding period is required
for "restricted securities" of a non-reporting company.

Rule 144 requires a selling security holder to hold shares of a non-reporting company for one year after the securities are fully paid for -the securities are considered fully paid at the time of purchase from the issuer if the loan is made on a full
recourse basis.

Adar provided the funds to CATV and now a few shareholders want the company to Breach the contract.

IG