Worldwide NFT Inc (WNFTD)

[al19]

Well shit...AI seems to have all the answers for you and here they go :

Summary of Current Share Status
The remaining 40,876,100 post-split shares held by George Sharp must still finish their full restricted timeline (typically the one-year mark from last month's issuance) before a transfer agent can remove the restrictive legend, regardless of Jay Wright taking over control.

The iHUB user's claim that a six-month holding period applies to George Sharp is incorrect, as WNFT's non-reporting status requires a one-year period under SEC Rule 144, regardless of insider status changes. Tacking is inapplicable because the shares were issued directly from the treasury last month, and a 90-day cooling-off period applies to affiliates following a change of control.

No, transferring control of the company does not change, reduce, or remove the restriction period on the shares.
When an officer is issued restricted stock, those shares must fulfill specific legal holding periods before they can be sold to the public, regardless of whether the individual subsequently steps down or transfers corporate control.
Why the Restriction Remains Unchanged
The Holding Period is Tied to the Issuance Date:
Under SEC Rule 144, the holding period for restricted securities begins the moment the shares are issued and fully paid for.
Changing control or resigning as an officer does not "reset" or eliminate this required timeline.
Affiliate Status Defines the Rules:
As an officer and control person at the time of issuance, George Sharp was considered an affiliate.
Because WNFT is a micro-cap/penny stock (typically a non-reporting or OTC company), the required holding period for affiliates holding restricted stock is generally one year, just as you noted.
Resignation Only Affects Future Sales:
If he completely cuts ties and is no longer an affiliate (holding no control and less than 10% of equity), he may eventually qualify under more lenient non-affiliate rules.
However, he still must satisfy the baseline holding period from the original issuance date before those specific restricted shares can be legally cleared of their restrictive legends.

The iHub user is legally incorrect regarding the 6-month timeline for this specific company, but they correctly identified "tacking" as a valid legal concept—though it does not apply here.