Remote Dynamics Inc (RMTD)

[ICEQUITY]

Form 15 ~ "you must hold the securities for at least one year."

PLANO, TX, Feb 26, 2010 -- Remote Dynamics, Inc. (OTCBB: RMTD) (the "Company") today announced that it has filed a Form 15 with the Securities and Exchange Commission ("SEC") to the Company's common stock and suspend its reporting obligations under the Securities Exchange Act of 1934.


If the issuer of the securities is not subject to the reporting requirements, then you must hold the securities for at least one year?

What Are the Conditions of Rule 144?

Quote:
If you want to sell your restricted or control securities to the public, you can follow the applicable conditions set forth in Rule 144. ?The rule is not the exclusive means for selling restricted or control securities, but provides a "safe harbor" exemption to sellers. ?The rule's five conditions are summarized below:

1. Holding Period. Before you may sell any restricted securities in the marketplace, you must hold them for a certain period of time. ?If the company that issued the securities is subject to the reporting requirements of the Securities Exchange Act of 1934, then you must hold the securities for at least six months.? If the issuer of the securities is not subject to the reporting requirements, then you must hold the securities for at least one year. The relevant holding period begins when the securities were bought and fully paid for. ?The holding period only applies to restricted securities. ?Because securities acquired in the public market are not restricted, there is no holding period for an affiliate who purchases securities of the issuer in the marketplace. ?But the resale of an affiliate's shares is subject to the other conditions of the rule.

Additional securities purchased from the issuer do not affect the holding period of previously purchased securities of the same class. ?If you purchased restricted securities from another non-affiliate, you can tack on that non-affiliate's holding period to your holding period. ?For gifts made by an affiliate, the holding period begins when the affiliate acquired the securities and not on the date of the gift. ?In the case of a stock option, such as one an employee receives, the holding period begins as of the date the option is exercised and not the date it is granted.

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Ok now what? They held for one year... time to sell? At what price? .50 sounds good, $14 Billion in RMTD shares ready to be sold... Who is going to spark this rally? Telogis? Waiting on you buddy, lets do this!