MultiCorp International Inc (MCIC)

[rstar]

shares issued more than 10% OS makes the receiver an affiliate and those shares would be restricted for a minimum of 90 days and then could only be sold in increments designated below,
but also consider that owners would likely want to hold a control block of more than 50% of the os...
so i do not foresee massive dilution especially since it was just announced definitively in print on their website, no RS and no increase in AS...


Limitation on amount of securities sold. Except as hereinafter provided, the amount of securities sold for the account of an affiliate of the issuer in reliance upon this section shall be determined as follows:

1. If any securities are sold for the account of an affiliate of the issuer, regardless of whether those securities are restricted, the amount of securities sold, together with all sales of securities of the same class sold for the account of such person within the preceding three months, shall not exceed the greatest of:

1. One percent of the shares or other units of the class outstanding as shown by the most recent report or statement published by the issuer, or

2. The average weekly reported volume of trading in such securities on all national securities exchanges and/or reported through the automated quotation system of a registered securities association during the four calendar weeks preceding the filing of notice required by paragraph (h), or if no such notice is required the date of receipt of the order to execute the transaction by the broker or the date of execution of the transaction directly with a market maker, or

3. The average weekly volume of trading in such securities reported pursuant to an effective transaction reporting plan or an effective national market system plan as those terms are defined in Rule 242.600 of this chapter during the four-week period specified in paragraph (e)(1)(ii) of this section.

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