No Reg 144, PAVC just sits on it
until another RS probably when finally gets below .01 for
awhile. There's just no reason for them to register the
shares. That's only done if a company wants to dress up
their share structure when in hopes of a takeover, or a big loan being sought. That makes them look, for a short time,
like they are liquid enough to do such a thing.
Doing so does two things. Makes them look shareholder friendly
and makes them look less dilutive since it removes the over
over hang represented by the pending dilution of the restricted shares. Who'd buy with that knife hanging over
the stock unless the belief is that can be overcome.
so far this stock doesn't show any strength.
So forget any restricted shares being any profit. g/l