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stockseekerok

08/07/18 11:07 AM

#200242 RE: West Coast Snapper #200237

No, all otc pink carry a 1 year hold on restricted stocks , OTCQB have a 6 month hold

///M3

08/07/18 11:08 AM

#200244 RE: West Coast Snapper #200237

Sec reported can convert at 6 month

trader59

08/07/18 11:11 AM

#200252 RE: West Coast Snapper #200237

The restriction is applied to stock held by company insiders. Look at the list of stocks they listed as "restricted." None of those folks/institutions are company insiders, so the regulatory holding period would not apply. If there was a restiction/holding period in whatever agreement/instrument that was used to issue the stock, we don't know it.

The only point is there's no telling when the shares listed as restricted have or will enter(ed) the market. In my mind, that excludes only the shares issued to the former CEO, they should remain branded for the waiting period.