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surfkast

04/04/24 2:20 PM

#343465 RE: ARobinson #343463

How did you come to the conclusion they were unregistered shares?
The shares that came into the float are ones that became unrestricted. Not unregistered.
Unregistered will be free trading only after the filing is deemed to be in effect.
And as I have stated based on the SEC regulations, they must publish it the day after it is deemed effective.

It shall be unlawful for any person, directly or indirectly, to make use of any means or instruments of transportation or communication in interstate commerce or of the mails to offer to sell through the use or medium of any prospectus or otherwise any security which is not registered under the Securities Act of 1933 [ ...

15 U.S. Code § 77fff - Securities not registered under Securities Act

cornell.edu
https://www.law.cornell.edu › uscode › text