Replies to post #122131 on Bravatek Solutions Inc (BVTK)

[TenKay]

They (the note holder) can always sell the note for cash and reassign it. Nothing to stop that now or before.

The restriction is on when the shares that come from a conversion can be sold into the market as free trading.

When the conversion can occur and who initiates it is defined in the terms of the note. When the resulting shares can be sold into the market without registration is defined by the Regs.

For a current SEC filer the "holding period" is 6 months. When it was not current the "holding period" had to be around 2 years.