Replies to post #3067 on AU MIN Africa PTY Ltd. (GRYEF)

[rich4053]

Dude, you are WRONG. According to the SEC rules, the shares owned by Susnar and Dwight are considered RESTRICTED SHARES and CANNOT be SOLD for 12 MONTHS.

[bullcents]

negative there cap'n...

Since there were so many fraud cases in the late '80s involving small and microcap companies, rules for pinks are extremely strict now---even more so for pinks than for large and mega cap stocks.


Not to say that it's possible to get around the rules, but this company is legit. It just needs some time to get going. I mean, even Susnar himself, in his interview, said that it would be a great long-term investment.