Replies to post #35887 on Mirage Energy Corp (MRGE)

[jonsmile]

Wrong again. Not in penny land what I stated is a fact

[shajandr]

Yes and no. It depends upon which exemption from registration he would use to delegend the stock or have had it issued without a restrictive legend.. There are multiple ways to make restricted stock tradeable or have its original issuance be with~OUTT restrictive legend thru various exemptions to registration. One is Rule 144. Another is if the stock is issued by the corporation pursuant to the settlement of a legal claim or a court judgement. There are others.

https://uk.practicallaw.thomsonreuters.com/w-025-0808?contextData=(sc.Default)&transitionType=Default&firstPage=true

https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144

https://www.sec.gov/divisions/corpfin/guidance/rule144interp.htm