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Re: DarthYoda post# 141424

Sunday, 09/15/2013 1:29:57 PM

Sunday, September 15, 2013 1:29:57 PM

Post# of 238163
Not sure what you mean by that, DarthYoda

I know that if Michelle plans to sell shares she's required to file a 144, and the maximum she can sell is 1% of the number of outstanding shares, but I don't know of an SEC rule that requires one to register shares for sale when one doesn't intend to sell them.

If MJNA were a "normal" company when it came to filing, then she, and the other MJNA insiders holding shares, would have to file a Form 3 showing preliminary transactions such as initial ownership, then a Form 4 for any changes from that base number, whether buys, sells, awards, or execution of options.

Please clarify.