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Tuesday, September 06, 2011 9:53:46 AM
the PPM restriction will automatically be lifted after 12mths you dont have to do anything
HOWEVER in order to sell the shares after 6mths you have to have a lawyer write some kinda letter to the transfer agent (i think the letter basically states that the stock is in good enough condition that you selling your shares wont collapse the stock or something)....the law firm will send the letter to the transfer agent and the transfer agent will release the restriction and you CAN SELL THEM AFTER SIX MONTHS
all of Altounians people who are involved in the PPM know that and are all doing this...unless there is some kind of news between now and the six months the share price will most likely seek the PPM price with all the PPM people "in the know" selling the shares
if you have your shares look on the back and look for Transfer agents name and number. Call them and ask them who the law firm is they work with.....they will give you the name...it costs about $200-$500 i think to get the letter
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