InvestorsHub Logo

trader59

03/31/20 12:39 PM

#27161 RE: ARanger51 #27160

And that is complete hogwash.

ONCE AGAIN, from the S-1, page 60:

Rule 144



The shares of common stock sold in this Offering are not considered “restricted securities” under Securities Act Rule 144. As a result, sales of the securities by persons who are not affiliates of the Company would not be subject to any transfer restrictions under Rule 144. Affiliates will continue to be subject to the limitations of Rule 144, other than the holding period requirement. A person who is an affiliate of ours at such time or during the prior 90 days would be entitled to sell within any three-month period only a number of shares that does not exceed 1% of the number of shares of our common stock then outstanding.