Replies to post #26082 on Zeons Corporation (ZEON)

[WhiteSahara]

Lake, have you ever tried getting series 144 shares taken off restriction?

IMO it is a royal pain in the buttocks. The company that issued the shares must give the OK, an opinion by an attorney is required and the shares are passed to the Securities Exchange Commision to verify they qualify being released. This isn't something a company just decides to change on their own, it is controlled by the Government who compares the restriction code with the filing forms to ensure compliance.

If either you or eelfland can show an example of a firm getting restricted shares released early, I would like to see the example. Thanks.

[downtherathole]

was it not doms last week that had an unlimited supply of this shit to sell? where do you think they got it? they sure weren't dumping at a loss from the 45 or so from a couple of weeks back.

[downtherathole]

speaking of doms. there he is again.

[A Dinosaur]

The Securities and Exchange Commission. Highly regulated, including requiring the profits of frequent trades to go to the company. Yes, penny stocks are usually not watched closely, but they can be.

Dino

"Who's to say that someone on the inside doesn't have enough shares on the float to do some damage with?"