Prospect Ventures Inc. (fka IVAP)

[jimmenknee]

lol touche doogdilinger-- not the first time you lead something, but it's more like a rabbit hole than a water-hole

I get that you are mixing a Section 16b issue (Profits from purchase and sale of security within six months) with a Rule 144 requirement (Limitation on amount of securities sold).

http://www.law.uc.edu/CCL/34Act/sec16.html
http://www.law.uc.edu/CCL/33ActRls/rule144.html

So there are 2 issues raised-- the 1% of OS has been exceeded in a 3 month period and a series of buy & sell transactions have been executed within a 6 month period.

Have you confirmed with the company that Jason is disgorging his profits? As we obviously won't be able to confirm/deny that assertion until the next Q report, which is not due until Sep 15-ish