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Re: Jagman5 post# 42397

Friday, 05/24/2013 10:27:38 AM

Friday, May 24, 2013 10:27:38 AM

Post# of 54312
Well, in somewhat good news, I did receive an email from Black yesterday in regards to when our INAR shares would be eligible to become unrestricted.

The gist is that they are restricted for 2 years for a non-reporting company, or possibly 1 year depending on your percent ownership of the company. I'll try and look into the second part of that statement to see if anyone might qualify.

You also will need an opinion of counsel before your broker can release the shares. Black did not specify if the counsel could be 3rd party or had to be HNSS/INAR's retained counsel.