There is no "holding period." Seriously?
Dark filing form 15 penny garbage like HHSE doesn't have to abide by shit when it comes to holding periods. That's why HHSE is and has always been a dark filing fatal form 15 stock.
Not that it matters in this case, as those 22 million shares about to hit the market became eligible for restriction removal more than a decade ago.
If anyone doesn't actually know how this works, it's simple but tedious, as the TA and even the sleeze brokers trading pinks have to endure some FINRA oversight:
First, call HHSE's idiot "SEC" attorney, tell him you have 22 milly in certs that have matured and you need a rep letter to fill out for yourself, along with one from HHSE and for the flunky attorney to send you an opinion letter. He works for HHSE, so expect some delays.
He might then tell you he charges $150-$500 or so for the letter and tell him to pound sand - he does this on the daily for Parki - it's a form letter. Send the rep documents and legal opinion to the TA and they send you a free trading cert with the restriction removed.
Fed-Ex (or ask the TA to send) the cert to a broker that accepts pink sheets and physical paper certs (like Glendale Securities, Scottsdale or whomever is still swimming in this sewer right now), deals with HHSE already or will otherwise accept your brick and mortar certs. Or call Graham, who would know who will accept them, unload them and not rape you in commission and admin fees.
Once the broker deposits them, off you go. Said broker might require an account minimum like a grand or two to open the account initially, but you can back all of that out minus their fees once you hit the sell button completely, take your money out and close your account.
Keep in mind that a broker/dealer will have ulterior motives, might have a large position in HHSE to unload already, or for whatever reason doesn't want to crater the stock. So be diligent in your demands. But don't get greedy. Keep in mind you got these shares at par value, so if you play around to prop up the stock while dumping, a three letter agency might come calling if the commissions don't get your first. It's a total fire sale at anything above .0001.
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