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Re: used0000 post# 3710

Saturday, 03/09/2013 11:41:59 AM

Saturday, March 09, 2013 11:41:59 AM

Post# of 37358
"6 months from the date of the 1st sale of discount shares."

Incorrect. The hold time for restricted shares sold by a non-reporting company is 12 months. Any restricted shares sold by a non-reporting company at the time of the sale would need to qualify for an exemption for the purchaser to sell the shares after one year into the marketplace. So, if Medbox has that exemption, any restricted share sales originating from the company would have a minimum hold time of one year.

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