InvestorsHub Logo
icon url

Tx Girl

02/27/17 2:37 AM

#45264 RE: Ed the Trader #45260

My initial point since some claimed Redchip collected the $45,000 fee, (which implied the shares were sold) was how do we know the price the stock sold for and on what day, when all we know publicly was how many shares was issued to them.

I did know there was some requirements/restrictions to sell rule 144 stock, but I went back and reread the rule to see if there was any loopholes since one person claimed that Adrian confirmed Redchip only received $45,000.

Now why would Adrian disclose that information to an individual "not affiliated with the company" and not put that the shares sold and the amount in the annual report if Redchip did indeed sale before the one year restriction.

That's also why I said things maybe clearer when the 1st quarter report is released.