Astika Holdings Inc (ASKH)

[nsomniyak]

What IS possible, or seems so to me, is that a big player could arrange with their broker to short the common (unregistered) using their registered shares as collateral against the short. I can't do that, you can't do that, but I suspect that a big player could work something like that out with their broker or the original underwriter of the restricted offering. In that event the O/S would not change and the float would not change, but there would be sell-side volume in the free-trading shares.

If I were an underwriter for an offering of registered (restricted) shares, I would make sure my big clients knew AT THE TIME OF THE OFFERING that my firm could provide workarounds that would allow them a measure of liquidity if needed before the registration came off their restricted shares. I have no personal experience with this, but it seems like a natural way for an underwriter to make some additional income from their big clients (and retain them).

Who that would be that would be doing this or what their motivation would be is another question - one for which I don't have an answer.