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Re: FanPaw post# 11209

Friday, 11/13/2009 9:29:05 AM

Friday, November 13, 2009 9:29:05 AM

Post# of 94785
GCHT, they were sold via Reg D, so yes there is at least a 6 month restriction from the time of sale via Rule 144 unless of course they file a S-1/S-3. This doesn't keep them from shorting them however. It is perfectly legal to short PIPE shares.

http://www.sec.gov/investor/pubs/rule144.htm

GCHT equity dates

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43517339

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