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05/21/06 1:11 AM

#7662 RE: janice shell #7614

OT: lol, we have a new one...PAIV

familiar?

My basic question is, "How can 'common stock" also be 'restricted stock'?"

Is that possible?

can provide links, if interested; here's the line I'm zeroing on:

"The Common Shares will be issued as restricted securities and are exempt from registration under §5 of the Securities Act of 1933, as the issuances are deemed exempt from registration under §3(a)(9), §4(1) and 4(2) of the Securities Act of 1933. "