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Rkmatters

12/11/15 7:03 PM

#11162 RE: Investor_cmz #11161

TOB posted it months ago. I can't do a search now, but it's on the iHub. :)
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rnoutlaw21

12/11/15 7:30 PM

#11165 RE: Investor_cmz #11161

Under SEC Rule 144, a 10% and greater holder is an "affiliate" and has "control securities". Insiders have the same restrictions. A holding period is normal, but there are other restrictions.

The Trading Volume Formula is in play here for Control Securities. For an OTC stock an affiliate can sell no more than 1% of the outstanding shares in any three-month period. That's pretty restrictive and should keep any 10% or + holder locked in. They obviously know this rule, so if they go to 10% we know they're thinking hold, not sell

Now....SHhhhhhhh...
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Dodger1

12/11/15 8:47 PM

#11168 RE: Investor_cmz #11161

You all are no different from the majority stakeholder here. Look at you all. It not the point that we have a company solving problems..It is about your greed.