Imagination TV Inc. (IMTV)

[buckhunter102001]

Do you know what the timeframe is typically on restricted shares before they can be sold into the market? I think you are comparing apples and oranges. There are also rules on the amount of restricted securities that may be sold on the open market in a given period of time...thus, reducing the liklihood of flooding the market and reducing the value of the stock. IMO, by the time these restricted shares are eligible to be sold we will see revenues and a profitable company...

http://www.sec.gov/investor/pubs/rule144.htm

Holding Period. Before you may sell any restricted securities in the marketplace, you must hold them for a certain period of time. If the company that issued the securities is subject to the reporting requirements of the Securities Exchange Act of 1934, then you must hold the securities for at least six months. If the issuer of the securities is not subject to the reporting requirements, then you must hold the securities for at least one year. The relevant holding period begins when the securities were bought and fully paid for. The holding period only applies to restricted securities. Because securities acquired in the public market are not restricted, there is no holding period for an affiliate who purchases securities of the issuer in the marketplace. But the resale of an affiliate's shares is subject to the other conditions of the rule.

Trading Volume Formula. If you are an affiliate, the number of equity securities you may sell during any three-month period cannot exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange or quoted on Nasdaq, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing a notice of sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement.