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Re: Testpilot post# 41320

Tuesday, 10/31/2023 6:04:46 PM

Tuesday, October 31, 2023 6:04:46 PM

Post# of 42763
Related to the 17 million shares being offered under the employee incentive plan . 57 total million registered but only 17 mil in this agreement can be given out and they can only receive or sell within 3 months a restricted amount of shares according to rule 144 of the rules laid out by the SEC. I see any shares given out being help for bigger days ahead . I believe there is a 6 month waiting period before any shares can be sold .

https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144

From the prospectus :
This reoffer prospectus has been prepared for the purposes of registering our shares of Common Stock under the Securities Act to allow for future sales by Selling Securityholders on a continuous or delayed basis to the public without restriction, provided that the amount of shares of Common Stock to be offered or resold under this Reoffer Prospectus by each Selling Securityholder or other person with whom he or she is acting in concert for the purpose of selling shares of Common Stock, may not exceed, during any three-month period, the amount specified in Rule 144(e) under the Securities Act. [We have not entered into any underwriting arrangements in connection with the sale of the shares covered by this reoffer prospectus. The Selling Securityholders identified in this reoffer prospectus, or their pledgees, donees, transferees or other successors-in-interest, may offer the shares covered by this reoffer prospectus from time to time through public or private transactions at prevailing market prices, at prices related to prevailing market prices or at privately negotiated prices.
Volume:
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