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MrGoodBuddy

09/17/07 8:34 PM

#7625 RE: geeps20 #7622

The restricted shares with those timeframes for which you speak are usually ones for services, acquisitions, and/or financing.

I am curious to see how the term applies to a distribution of shares FROM an acquisition of another traded company.

The restriction in that case could well be just terminology and not the same as the traditional 1 or 2 years because the intent and purpose of these shares is different.
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TOMKAT

09/17/07 8:51 PM

#7630 RE: geeps20 #7622

Well since it looks like the company did not restrict but the S4 made the restriction compulsory I do not think you are correct, plus it just does not ring true at all that this company would agree to that either. Plus I do not believe a word you print.
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waltczyk

09/17/07 11:58 PM

#7648 RE: geeps20 #7622

look to plycf for a short term restricted going to restricted, the time frame of one year is not set in stone but based on when insiders or private equity can gain the most. Restricted can become unrestricted, depending on the financing agreement fairly quickly

nothing filed therefore we know nothing