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PRmaniac

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PRmaniac

Re: jmurfk post# 35832

Wednesday, 04/27/2011 8:20:35 PM

Wednesday, April 27, 2011 8:20:35 PM

Post# of 49066
They haven't hit. The sales were added to the OS on the 12th and 15th of April. There would be around 1-2 weeks before the buyer could sell(Stock cert issuance, Attorney letter, deposit with broker) - jmurfk

I'm still puzzled by all the unrestricted shares added to the float.
Is this the time it takes to get legal opinion letters in support of the penny stock trader's activities? If the recipients of the dilutive shares repeatedly informed stock transfer agents that they are not an “underwriter” and thus have no intent to sell the stock, then they could obtain shares without trading restrictions.

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