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Re: Myth post# 55394

Tuesday, 11/02/2021 2:50:34 PM

Tuesday, November 02, 2021 2:50:34 PM

Post# of 65771
April 9, 2018.

My first thought was that they couldn't possibly be selling because the company was dark (you can't use rule 144 if the company isn't current)...I had a bit of an 'ah-ha' about a 4(a)(1) legend removal tacking back to the note date (no clue what that might have been).

The moment the second anniversary of the note funding hit (and assuming the rest of the conditions were met), they could have immediately removed the legend and started selling.