From John - Posted to FB on his honeymoon:
Post 1) As TRTN had not filed anything until Javaco to change shell status, Kidds shares are restricted for 12 months. As for "Smith" -- I asked him to verify his identify and he refused. I suspect someone managing my facebook accidentally let him in.
Post 2) JBII (I really don't like dealing with this on my honeymoon): Kidd shares do not go unrestricted next week. Anyone who is bringing that up clearly does not understand securities. The company was a shell as of April 24, 2009. The SEC has very clear rules that shell company restricted stock issued must be held for 12 months.
Post 3) After the JAvaco/Pakit quarter the companies 144 stock is then held for 6 months.
Post 4) Again, I would go back to these people raising the questions who are clearly not shareholders and look at motive. You can find the rules on the Internet for rule-144 as it pertains to companies without operations. As far as the SEC is concerned the company did not begin ops until April 2010 and therefore stock must be held (including mine) at least until then).
Post 5) As for the tape business: We were sol-sourced by NASA after July 2009 -- July 24, 2009 (I believe) to be exact. That's when the tape business kicked into high gear. It took a long time to jump through all the hoops to build those relationships to open doors and orders.
Post 5.1) Back to my honeymoon - talk to you on the Q&A call
Post 6) Oh, one last thing, the media credits are billed against the $10M. To date we've only used up $200k of it for all the papers and radio we have advertised in.. Long way to go.. And it is invoiced and accountable.. Therefore very real. AND I am having both businesses valued (and the air handling company).
Post 6.1) See you all later -- have fun with the trolls.
Post 7) Oh - Kidd doesn't have 3.5M shares. He has not filed a Form 4 lately (go figure) and no we have no relationship with him. And no, he can't sell them on the open market.
Post 7.1) Good luck all -- talk to you next week.
At this point, I told him to throw his computer away or out the window.
