Rim Semiconductor Company (fka RSMI)

[WTMHouston]

Not that it really matters beyond my academic curiosity, but if they are the same thing then I really do not understand your original post:

WTM: they have to be registered in advance and it is not an overnight process. they have to be sent to the registering company in NJ (i think that is the place)with instructions for the registration. there is also a fee which in depending on how they are held is not small.

Why couldn't you just fill out and file a Form 144? Why must the security be sent to anyone, other than the broker who may be selling it? Isn't the 144 public notice of the intent to sell restricted, unregistered securities? I did not think that any private company could register shares and that registration could only happen with public filings. Why is my impression inaccurate?

I must be missing something here because nothing involving the government is ever as simple as it seems or as it should be.

Troy