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flaflyersfan

07/03/06 1:46 AM

#6014 RE: Hal32 #6011

Hal32, wrong. By the time a 144 is filed; those shares could have been already sold. The Form 144 removes the restriction.

Who gave you that misinformation?;


http://www.learnaboutlaw.com/newsletter/v0007.html

The company would have to give permission to sell them BEFORE one year restriction. Form 144 cannot be filed without true intent to sell and the stock must have volume in order to sell. Maybe you did not understand whoever gave you that bad info was actually saying. Maybe I can look at that other stock for you and clarify.

Hope this helps. Good luck.