Replies to post #1791 on OTC IPOs, Mergers & Other Material Events

[adijas]

But the shares they issue will be restricted, so I guess float won't change

EZY acknowledges that the Shares will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws and will be subject to significant restrictions on transfer. EZY acknowledges and agrees that it and the beneficial owners of the Shares will have no right to sell, assign, pledge, hypothecate, distribute (as a dividend or otherwise), transfer or otherwise dispose of or encumber the Shares (except by will or by the laws of descent and distribution), unless the Company shall first have been provided with an opinion of counsel acceptable to the Company that such sale is exempt from such registration under the Securities Act of 1933, as amended, and any applicable federal and state securities laws.