Replies to post #19258 on 4Cable TV International Inc (CATV)

[Smallville]

No, it doesn't.

Feldenkrais gave Marquis/Svorai an absurd deal for over 2B shares.

That deal came AFTER Adar.

Adar will argue they were at the front of the line.

They should get paid as Marquis/Svorai, too.

To buy your spin, Feldenkrais doesn't have to pay Marquis/Svorai as THEY aren't a registered broker/dealer.

Why hasn't Feldenkrais made that argument?

It's because if he stiffs Svorai, HE WILL ROLL.

Goodbye to the shell...Feldenkrais's law license and his freedom.

[I-Glow]

Adar is supposed to receive free trading shares - the shares aren't restricted after 1 year. The Adar shares that are converted aren't subject to a restrictive legend.

You need to understand Rule 144 - a one-year holding period is required
for "restricted securities" of a non-reporting company.

Rule 144 requires a selling security holder to hold shares of a non-reporting company for one year after the securities are fully paid for -the securities are considered fully paid at the time of purchase from the issuer if the loan is made on a full
recourse basis.

Adar provided the funds to CATV and now a few shareholders want the company to Breach the contract.

IG