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Re: mediaguy post# 9318

Monday, 10/25/2010 5:12:43 PM

Monday, October 25, 2010 5:12:43 PM

Post# of 52916
I don't think so. Rule 144 is specifically for restricted stock holders or those with a controlling interest. http://www.sec.gov/investor/pubs/rule144.htm

Form 3 is a statement of initial ownership and is filed after the purchaser becomes a 10% owner.

Form 4 is filed after any change in position (acquisition or disposition of shares) and is required by the end of business on the second business day following the transaction. Mr. Tice will need to file a form 4 for any sales or purchases while he holds more than 10% of the company.

I could be wrong, but that's how I believe it works.

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