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trackgirl514

11/28/07 1:59 PM

#22835 RE: soud13 #22834

Per SEC Rule 144, the restricted shares cannot be sold/legend removed by the company until 1 year has expired from the date of issuance/sale regardless as to who they were issued. So, the restricted common shares issued per the Oct. 8K cannot be sold for 12 months...then there are additional restrictions that apply for another 12 months