Thank you.
Equity securities of domestic issuers acquired from the issuer, a distributor, or any of their respective affiliates in a transaction subject to the conditions of Rule 901 or Rule 903 are deemed to be "restricted securities" as defined in Rule 144. Resales of any of such restricted securities by the offshore purchaser must be made in accordance with this Regulation S (Rule 901 through Rule 905, and Preliminary Notes), the registration requirements of the Act or an exemption therefrom. Any "restricted securities," as defined in Rule 144, that are equity securities of a domestic issuer will continue to be deemed to be restricted securities, notwithstanding that they were acquired in a resale transaction made pursuant to Rule 901 or Rule 904.
So, some of those shares could be freely traded by now.........as well as these?
Subject to the Rule 144 volume limitations and the “shell company” trading restrictions described in the paragraph below, there are a total of 67,530,000 shares of Wolverine’s common stock that can be sold pursuant to Rule 144 as follows:
· 4,000,000 shares of Wolverine’s common stock owned by Lee Costerd can be sold since October 3, 2006.
· 2,750,000 shares of Wolverine’s common stock owned by 12 non-affiliates since December 13, 2006.
· 2,150,000 shares of Wolverine’s common stock owned by 20 non-affiliates since July 31, 2007.
· 36,600,000 shares of Wolverine’s common stock owned by 17 non-affiliates since August 28, 2007.
· 1,600,000 shares of Wolverine’s common stock owned by 10 non-affiliates since September 30, 2007.
· 4,000,000 shares of Wolverine’s common stock owned by 20 non-affiliates since October 30, 2007
· 1,100,000 shares of Wolverine’s common stock owned by two non-affiliates since November 30, 2007.
· 6,890,000 shares of Wolverine’s common stock owned by 25 non-affiliates since December 30, 2007.
· 2,550,000 shares of Wolverine’s common stock owned by 10 non-affiliates since January 31, 2008.
· 2,000,000 shares of Wolverine’s common stock owned by eight non-affiliates since March 7, 2008.
· 2,890,000 shares of Wolverine’s common stock owned by 19 non-affiliates since March 8, 2008.
· 1,000,000 shares of Wolverine’s common stock owned by 1 10 non-affiliates since April 5, 2008.
Over,
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