more to the point. There was no longer any need for a SB-2 registration filing of the shares to be sold since the selling stockholders had already held these for more than one year. Per rule 144 non-affiliated stockholders may begin to sell unregistered (or restricted) stock after a one year hold (within certain volume limitations)
"You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer". F Zappa
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.