Well which is it?
Are the share restricted or not?
Rusty says "All share issued by the company are restricted"
and you say "IF shares are unrestricted they can be sold, but in this case I strongly doubt it"
I say what the company says in it's SEC filings signed under penalty of perjury
"...In June 2011, the Company issued a warrant to purchase 500,000 shares of common stock to Hydrex Technologies, (“Hydrex”) in conjunction with the issuance of a License Agreement to Hydrex. The warrants were exercised on June 9, 2011 for $24,000, which, per the agreement, was 20% of the closing price on the last trading day prior to the exercise..."
If you could please point out the regulation or link that shows that those 1/2 million shares are / were restricted, you could easily put this issue to rest. And don't try and wriggle out of it by asking me to post to show that they are not restricted, because I just did.
Regards
