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Re: mfaphoto post# 202380

Monday, 05/23/2022 10:01:15 AM

Monday, May 23, 2022 10:01:15 AM

Post# of 220410
It isn't just about unrestricting them. They also have to be registered. And that still won't fix the DTC problem. NSAV would still have to arrange to become DTC registered after that.
To date, all of us with restricted shares have had to go through NSAV's lawyer to get those shares registered and unrestricted. He charges about $500 per shareholder to do that. Considering the thousands of shareholders that may have restricted shares, that is a pretty profitable little enterprise.
I'm just waiting to see if they can uplist. All of those shares will have to become free-trading in order to uplist. The only question that remains is will I live to see it. But my partner has been designated as my beneficiary, and knows what to do in the event of my demise. Eventually those 'free' shares will actually be free for those of us who chose to wait instead of padding Vic's pockets.