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OpinionOfCounsel

07/20/07 10:36 AM

#359 RE: akrn #358

Yes, YOU NEED A BROKER for a one-year 144 sale. This is the question I get asked the most. I even hear that the big electronic brokerages are giving people incorrect information. Rule 144 says "Manner of sale. The securities shall be sold in "brokers' transactions" within the meaning of section 4(4) of the Act or in transactions directly with a "market maker,".

So, in order to sell in a broker transaction, the stock must be with a broker.

whocares19067

07/20/07 10:43 AM

#360 RE: akrn #358

AKRN:
1. If you wait until the company does anything it will be FOREVER.
2. See message 359. It was posted by the attorney who did my letter.
3. Also see the below for his contact information:

http://www.opinionofcounsel.com/learn/index.htm