lowtrade

[$Green$]

STTN tin foil hat eval !!!

Was posting to someone else about checking share structure to look for large amounts of stock in insider hands. Just checked STTN.
24,313,124 OS
www.otcmarkets.com/stock/STTN/company-info
24,899,999 insider owned
http://www.otcmarkets.com/stock/STTN/insider-transactions

Either something is way wrong here with the latest numbers, WAY wrong. Or the insiders have a float lock hold on the company stock. I don't care what the research or news says about anything. This says P&D possible and probably. IMO

From 10-Q: At June 30, 2011, there are 49,212,123 shares of common stock outstanding.

Quote:
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Can you tell me that if those shares are restricted or not?
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Lowtrade: Yes resticted shares would be reported as such. This reports direct ownership of common equities.

Sorry, incorrect. READ the filing:
16. Shares Legend . The issuance by Smart-Tek Solutions Inc. of any Shares to Marketing Partner will be made in reliance on an exemption from the registration and prospectus filing requirements contained in Rule 506 of Regulation D. The Marketing Partner acknowledges that any Shares to be issued pursuant to the terms of this Agreement are “restricted securities” within the meaning of the 1933 Act and will be issued to the Marketing Partner, in accordance with Regulation D of the 1933 Act. Any certificates representing the Shares will be endorsed with the following legend in accordance with Regulation D:


“THESE SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE AND HAVE BEEN ISSUED IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS.”