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Re: stock777777 post# 135319

Tuesday, 06/01/2010 8:37:44 AM

Tuesday, June 01, 2010 8:37:44 AM

Post# of 375420
Good info:The lock-up period is a specified period of time – generally 180 days – during which pre-IPO shareholders, including management and directors, may not sell their shares, as per agreement with the underwriter. The purpose of the lock-up period is to prevent an oversupply of shares from impacting the market