PowerLinx Inc (PWNX)

[bagus]

You made the following statement:

"If the individual actually sells shares, another filing (form 4)is required to confirm that they have sold."

If you are referring to insiders such as officers or directors, the above statement is accurate. However, NONE of the people and corporate entities who have filed SEVU 144's over the past year, including Jennifer Lawson, are considered insiders under the SEC's definition of an "insider." Therefore, none of them are required to file a Form 4 dcoumenting the actual sale of stock listed in the 144 filings.

The bottom line is that any time you see a 144 filing by a non-insider, it is wise to assume that the sale has or will be made within 90 days, simply because it will NEVER be followed by a Form 4.