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Re: n55rc post# 14471

Tuesday, 05/01/2007 10:37:19 AM

Tuesday, May 01, 2007 10:37:19 AM

Post# of 143139
Restricted Shares – Restricted shares refer to company stock used for employee incentive and compensation plans. Restricted stockowners need permission of the SEC to sell.
There is a waiting period after a company first goes public where insiders’ restricted stock is frozen. When insiders want to sell their stock, they must file a form with the SEC declaring their intention. Even insiders of established companies must file with the SEC before selling their restricted stock.

Not sure what this all means why all shares were turned into restricted, but i sure hope it means something good is happeneing.