DealerAdvance Inc. (DLAD)

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Yes the rule is changing but did you read It? It clearly outlines that UNREGISTERED securities, not just restricted stock can, will , do freely trade! It is common knowledge. Did you read about the exchange Goldman Sachs is setting up tp trade these same UNREGISTERED securities.? It is a TRILLION dollar industry. Presently they trade thru dealer to dealer, private transactions to and from accreditted investors. I highlighted the parts of article I wanted you to read below. I was not posting about the rule change. I was providing proof that UNREGISTERED shares can ,will, do, freely trade. That is the point of the post.

But more important thing to remember is these shares were SOLD by DLAV as REG D shares and are EXEMPT from registration. Please read from the DLAV loan docs below. They are EXEMPT FROM REGISTRATION >

Here is the link to the main filing>
http://www.sec.gov/Archives/edgar/data/1133598/000114420407029897/0001144204-07-029897-index.htm

ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
The Notes and Warrants referenced in Item 1.01 were offered and sold to the Investors in a private placement transaction in reliance upon exemptions from registration pursuant to Section 4(2) of the Securities Act of 1933 and Rule 506 of Regulation D promulgated thereto. Each of the Investors is an accredited investor as defined in Rule 501 of Regulation D under the Securities Act of 1933.


Here is the info from the article I wanted you to read. I am NOT making this up , it is common knowledge unregistered shares trade , If you follow the rules it is a very common and legal transaction, That is the only point I have been trying to make since day1! Has DLAV lenders SOLD these shares? I DO NOT KNOW! I have posted that MANY times , but for some reason no one can get past the shoot the messenger mentality!

Silbert believes that a large number of publicly traded companies, including those that did not issue shares in PIPE offerings, will have shares that become saleable on Feb. 15. He added that all restricted and unregistered securities are eligible to be sold, prior to the hold period expiration, in privately negotiated transactions through RSTN, which would avoid the market risks inherent when a large number of shares become saleable.

The RSTN has already attracted more than 400 members, including global financial institutions, hedge funds, mutual funds and other institutional investors, who collectively manage over $200 billion in assets. To date, more than 1,000 transactions have taken place on the network, which was founded in 2005. Membership to the RSTN is available at no charge to institutional and accredited investors.

Restricted securities are commonly issued through private placements, corporate mergers and reorganizations, and as compensation. In addition to Rule 144 stock, other restricted securities traded through the RSTN include unregistered stock, warrants, convertible securities, 144A equity and private company securities.