The law requires that in financing deals such as these, shares are restricted for a minimum of 6-months. these rules were modified to prevent the abuses associated with spurious insider dumping of shares et al.
The 6-months allows for at least one public filing to disclose the issuance before sale.
Much ado about....much.
Oh, and BTW, forgery of a legal document is illegal any way you look at it.
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