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Looking4Truth

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Looking4Truth

Re: godfather8 post# 12863

Wednesday, 04/20/2011 10:20:59 PM

Wednesday, April 20, 2011 10:20:59 PM

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also....

The merger never happened.

When a company merges with another company, company insiders receive restricted stock shares in payment for their share of company equity. In order to sell restricted stock, insiders must register their sales with the U.S. Securities and Exchange Commission. In addition, the number of shares that can be sold each week is restricted to protect the newly-merged company from adverse effects that could be caused by selling stock too quickly.
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