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Thirsty Tiger

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Thirsty Tiger

Re: kishmech post# 2753

Friday, 02/15/2008 2:11:41 PM

Friday, February 15, 2008 2:11:41 PM

Post# of 27745
I misunderstood your previous post. You are talking about the shortening of the mandatory holdings for restricted stock from 1 year to 6 month that went into effect today (Rule 144). I thought you meant the 5% holder reporting obligation.

But again, the Rule 144 change is retroactive, any restricted stock issued between Feb. 15 and Aug. 15 of last year are now eligible for sale at once and it does not matter were it is traded, pinksheets, grey market, otcbbs, AMEX, Naz, NYSE.



"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

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