Niemand, great questions once again, it never hurts to further clarify a important point. This is why I make every attempt to secure as much information about an issue that is possible.
Lets address these critical questions one by one:
After the reverse merge into CMHS:
1. Will our shares become restricted?
No, GSIEF shares will not be restricted in any way, CMHS is being paid in restricted stock, which is a positive event that all GSIEF shareholders will benefit from.
2. Will the 12 mil restricted share given to CMHS become free trading?
Yes and No, the restricted shares given CMHS are Rule 144 stock, and the applicable statuatory rules governing their sale apply. (see SEC website for more information)
Conclusion: CMHS holders that have received the restricted stock must wait at least 1 year to sell, then there is controlled leakout even at that point.
3. Will the number of our shares in the account change?
The number of shares that a shareholder has in their account will remain the same, premerger, and postmerger.
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