Replies to post #14591 on Rim Semiconductor Company (fka RSMI)

[pengy]

Ron,

Here are the steps:

1) Contact the Company and ask about 144's and you will be connected with the appropriate person or a message will be forwarded on.
2) Paperwork is sent & money changes hands.
3) You will get your certificate shortly thereafter.
4) These are class 144 restricted shares that can't be sold for one year. After one year they must be registered if you intend to sell them. If you do not wish to sell them (as I have chosen) after two years they become free trading. If you do wish to register them (3-month registration), you must get an opinion letter on your cert as well, and there is a fee attached to that from whomever you get the opinion letter from).

In an nutshell that's about it. Of course there may be a minimum buy-in, and depending on the present money situation they may not be selling 144's at that time.

Whoever you speak with at the Company will be much better at explaining the process than I.

Pengy