CS, you can't lift the restriction on your TPDI stock now. New CEO will block it. You need his permission to sell. The old CEO allowed it, I was in the process of lifting it, and new CEO blocked it. Must wait.
There are NO tax implications until you sell some of the shares. Your cost basis should be zero on the dividend/restricted shares.
You guys are being way too harsh on Balihi, just from reading the last 15 posts or so (I don't check in often). Looks like he's saying show me your DD and you're all calling him a 3rd grader for asking for proof.
He says he's relying on testimony from other posters, you laugh at him for listening to other posters. Why post/read here if it's a bad source of DD? Come on, be consistent.
There's no doubt that SSTY/TPDI have not made investors money yet, and people have a right to be dissapointed. The company is guilty of being overly optimistic in the past, no doubt. But that doesn't mean that TPDI/China isn't real, that the contracts and technology aren't real, just because they have failed in the past. This could go either way and I have no idea, but I have shares (of SSTY and TPDI) and also am hopeful the opportunities are real.
