Replies to post #121473 on Aero Performance Products Inc (fka AERP)

[BogeyMan]

You sure about that? I thought the new rule was 6 months like I read here.


Posted by: LoanStew
In reply to: ThePennyGuru who wrote msg# 119439 Date:3/5/2008 11:12:43 PM
Post #of 121473

PennyGuru,
How do you know?
Have any of those private investors publicly stated they don't intend to sell a share?
I haven't seen any press releases to that effect.
They (and the debtors that would have owned Aero had they not merged with FCCN) were given an opportunity to get something, when they could have ended up with nothing. Sorry, I don't think they're so quick NOT to push that button. And I'm betting they NEVER read this board.
You speak as if it is truth, but you cannot prove that.
Nobody can.
Fact is, per the new rules, restricted shares are going to be unrestricted 6 mos after they are issued...which is April.
And that is imo the reason to put out 15 PRs in March.
The flow of shares out could be deadly.
IMO/FWIW

[Agent1107]

"Under the amended version of Rule 144,
restricted securities of companies that have
been public companies for at least 90 days
could be sold after a holding period of 6
months."

Your welcome.

btw, as someone just said, "time is running out".