1) it was reported here that riggs is selling 5K shares a day to pay for some family medical issue....although that is unfortunate....the question is is it appropriate?? i would say probably not....but i would agree it is in the gray area...and what was that $100k bonus he got last year for?? seems to me it was a way to avoid payroll taxes at a minumum and certainly inappropriate for a company that did 140k in revenues
2) YES you can sell after 6 mths....i was involved in one of the infamous Brian altounian PPM plays and i sold my shares after 6mths....
are you involed in the latest PPM??? if so i will gladly tell you how it is done...
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