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SooS416

10/07/22 11:12 AM

#58489 RE: nsomniyak #58486

But the point is, teh company has to have a valid legal reason to put the restriction on it the first place, the preferred shares already went through the required 2 year holding period, other preferred B shares were issued without restriction. The company cannot randomly pick and choose what is restricted and what is not, they have to follow the SEC laws/rules or risk legal issues