JD has stated that he and Glenn have never sold a restricted share
If that is the case, just how long do you think restrictions are on these shares? In most cases I believe, 1 year is the limit, but since they gagged the TA when they converted them, it could have been much less. What was the purpose of gagging the TA when they converted these shares? Were they trying to hide something from shareholders? ------------ James D. Brown, CEO, stated, "Recently, the company temporarily gagged its transfer agent while it completed share restructuring. The officers of the company have now converted their restricted preferred shares to restricted common shares. To date, the officers have sold no (ZERO) shares, and intend to hold the restricted shares for the foreseeable future. The company has no plans for a reverse split, and has no intentions of increasing its authorized share count." http://ih.advfn.com/p.php?pid=nmona&article=37914592
If you favorite stock is trading at .0001, or under SEC investigation, it is way past the point of being called a *legit* investment.