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rausani2la

06/15/17 9:16 AM

#12846 RE: JC PennyStocks #12842

what about those companies that are diluting and haven't filed Qs for years?
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uksausage

06/15/17 10:35 AM

#12854 RE: JC PennyStocks #12842

Lot of assumptions here:

For a lender to legally sell unregistered, converted shares under Rule 144



Plenty of lenders sell unregistered shares even conversion rules are stretched converting within days of lending the money

once in a blue moon they get caught - especially lenders who get an opinion letter within days of lending and sell immediately.