((RAIN)) Rainmakers-Island

[The Rainmaker]

Rule 144 another misunderstanding for ihubbers. There is no 1-3% per day limit on what can be sold once restricted shares are freed up unless they are owned by a control person. Management in the company or someone who owns 10%+ of shares O/S is deemed a control person.

CDIV the 144 stock was held by someone else besides an insider, their holding period was up and so tyhe can sell at will now.

The shares the company issued are not being sold under Rule 144. They're being sold under Reg D or as a 504 or as a 506 or someone other exemption they are using. Pinks can do this easily, fully reporting otcbb's have to work harder and file an S1 to register shares to become free trading and saleable.