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NoMoDo

08/24/19 3:49 PM

#102090 RE: a1tellem #102089

It means that there is a ton of stock used to pay employees and debt. These shares generally cannot be traded for a year.


Why Is Rule 144 Important?

As an employee, small business owner, or investor, you may own some "restricted" or "control" securities. These are usually given in the following situations:

As a part of an employee benefits package
As compensation for professional services
In exchange for "seed-money" or start-up capital
As a part of a merger and acquisitions (M&A) transaction



NoMoDo

08/24/19 4:03 PM

#102091 RE: a1tellem #102089

In other words, there is a lot of restricted shares. Unlike what was stated about "lying," USRM issued a lot of shares to pay off litigation, to clean up balance sheet items, and to keep from going under - Mostly in 2017 and 2018. I posted about all of it back then.

This was all a good thing. Sort of. The company was just about bankrupt - most doctors couldn't find a pulse. Then Some investor named Greg, got together with Thomas and they came up with a plan to resuscitate the corpse. Greg got shares, Northstar got shares, GACP got shares, lawyers got shares, and a lot of creditors got shares. All of those shares were still restricted as of March 31, 2019. Claiming that there is something nefarious about the OTCmarkets number - well that is absurd.