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Replies to #1032 on $5 or Less
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high_gear55

02/12/08 11:38 AM

#1260 RE: DonLeopoldo #1032

DonL: The BKMP TA agent - American Heritage Stock Transfer call 1-416-907-3118 may answer some of your questions on the restricted shares. In Ontario the number is 1-813-470-1568. See http://www.sec.gov/investor/pubs/rule144.htm Selling Restricted and Controled Securities. I think after one year a company official must remove the legend before shares are unrestricted. After two years they become unrestricted automatically.
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high_gear55

02/12/08 12:01 PM

#1265 RE: DonLeopoldo #1032

DonL: BKMP restricted shares issue. Correction. I just called the DTC and talked to Morris Richards. He said that even after two years the shares do not automatically become unrestricted. In any and all events a company official has to have their lawyer remove the legend from the certificate before they are free trading shares. If that is not done they remain restricted. Call Sandy at 1-905-660-5984 and talk to him about that.