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th0th

01/07/07 11:13 PM

#8855 RE: NJ_TOAD #8847

Woops lol you are right sir. It has been 1 and a half years...

So, under Rule 144:

"Before you may sell restricted securities in the marketplace, you must hold them for at least one year."

"After the one-year holding period, the number of shares you may sell during any three-month period can't exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange or quoted on Nasdaq, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing a notice of the sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement."

http://www.sec.gov/investor/pubs/rule144.htm