Wednesday, October 27, 2021 10:02:28 AM
They have no plan to sell restricted shares based on the 10-12G.
“There is not now and there may not ever be an active market for our Common Stock. There are restrictions on the transferability of these securities.
There currently is no market for our Common Stock and, except as otherwise described herein, we have no plans to file any registration statement orotherwise attempt to create a market for the shares. Even if an active market develops for the shares, Rule 144, which provides for an exemption from theregistration requirements under the Securities Act under certain conditions, requires, among other conditions, a holding period prior to the resale (in limited amounts) of securities acquired in a non-public offering without having to satisfy the registration requirements under the Securities Act. There can be no assurance that we will fulfill any reporting requirements in the future under the Exchange Act or disseminate to the public any current financial or other information concerning us, as is required by Rule 144 as part of the conditions of its availability"
see Page 21 of 231 in 10-12G
https://www.otcmarkets.com/filing/conv_pdf?id=15300743&guid=MnMwkKvkPi0LOth
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166524896
“There is not now and there may not ever be an active market for our Common Stock. There are restrictions on the transferability of these securities.
There currently is no market for our Common Stock and, except as otherwise described herein, we have no plans to file any registration statement orotherwise attempt to create a market for the shares. Even if an active market develops for the shares, Rule 144, which provides for an exemption from theregistration requirements under the Securities Act under certain conditions, requires, among other conditions, a holding period prior to the resale (in limited amounts) of securities acquired in a non-public offering without having to satisfy the registration requirements under the Securities Act. There can be no assurance that we will fulfill any reporting requirements in the future under the Exchange Act or disseminate to the public any current financial or other information concerning us, as is required by Rule 144 as part of the conditions of its availability"
see Page 21 of 231 in 10-12G
https://www.otcmarkets.com/filing/conv_pdf?id=15300743&guid=MnMwkKvkPi0LOth
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166524896
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