A registration statement would be ab S1 or otherwise. The statements by the CEO relate to the US provisions of Rule 144 assuming they do not go PINK. Canadians can rely on Reg S with a lawyer for the letter. US holders can employ private sale under State Law at any point or will have to wait 12 months if it goes pink.
thank you for the clarification.
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no laura. A registration statement would be ab S1 or otherwise. The statements by the CEO relate to the US provisions of Rule 144 assuming they do not go PINK. Canadians can rely on Reg S with a lawyer for the letter. US holders can employ private sale under State Law at any point or will have to wait 12 months if it goes pink.
personally, anyone that wanted to "sell" and had enough shares to be worth the effort already has. Even I could find an MM that would trade on my behalf against the restricted shares if it was $50K or so. To that end, a scam artist like Kidd has been liquid since $5 the first time it hit. Any "short" being cried over here is a symptom of that.
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