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Monday, May 06, 2024 1:24:16 PM
It takes an attorney letter opinion, Proof of when and how they were bought, and TA approval,
The CEO's share are all still restricted, 100% of the listed Insiders including LK, with 10% or more of the OS are stuck until they reach Nasdaq.
The small fry with less than 5% of the OS, no longer listed as 5% or more insiders, are the unrestricted shares.
No major US Brokers will take those OTC shares anymore, until they are Nasdaq shares (call them and ask, Fidelity, Schwab, E-Turd)
And if they use a low life not in the US firm, the MM's are only allowed to sell 10% of the prior days volume of them.
They are just as stuck as everyone else. The lack of volume, and rally is very telling IMO.
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