No need to be nasty. I thought this filing is all that is needed to sell when they have the shares. If not, what filing should we look for that shows the completion and approval you are referring to?
The Q report shows a massive amount of convertible debt, and as we were told in the call - some of that is due NOW. To me that is a concern.
ok, I checked around some and you are right - the registration needs to be approved. Some are approved within 10 days but many take longer and often have amendments.
I also was told that shares labeled as exempt from registration - and there are a lot of them here - are sometimes sold into the market, so there is a great deal of uncertainty and we have seen wild fluctuations in the share price in both directions. For me, it's anyone's guess as to how this plays out.
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