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Re: thetwomoores post# 2952

Wednesday, 04/20/2011 11:01:54 AM

Wednesday, April 20, 2011 11:01:54 AM

Post# of 8667
those shares are restricted, cant sell

Those are considered insider controling shares. They bought them to gain majority control of company...that is how you buy a shell.

Under SEC rules, those shares are unable to be sold. NO brokerage firm can take them since they are owned by insiders...unable to be sold at all.

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