IJJ Corp (IJJP)

[Cassandra]

marketreturn: Rule 144 is probably the most ignored rule in all of pinkyland. Officers, directors and affiliates (those who own greater than 5% of the class) are required to file a Form 144 with the SEC when selling formerly restricted stock notifying an intent to sell and the number of shares being sold. They also have limits as to how many shares can be sold per quarter and must meet the minimum holding period of one year before having the restrictive legend removed, making the stock marketable.

However PK officers, directors and affiliates VERY rarely issue Form 144s when selling as it would shine a light on their selling. The other reason they don't file these forms is that they don't comply with the quarterly limits of the rule. I don't recall seeing any PK officers and directors ever filing a 144 and can only recall one affiliate who did so.

PK CEOs like Clifford Pope issue false and misleading information to the public, issue free-trading stock that should be restricted, hire promoters without full disclosure, etc., in violation of securities laws. Do you think Pope is really going to comply with Rule 144 when selling his IJJP stock?

He has never filed a Form 144. Do you believe he has never sold any formerly restricted IJJP stock?

SEC information on Rule 144: http://www.sec.gov/investor/pubs/rule144.htm

IJJP SEC filings: http://www.otcmarkets.com/stock/IJJP/financials