Replies to post #29749 on Heathrow Nat. Food and Bev Inc. (fka HRNF)

[PRmaniac]

Rule 144 holding period is 6 months or 1 year, depending on whether the "investor" is an non-affiliate or affiliate of the investor. Certain other restrictions apply, depending on whether the company is a reporting company or not and whether they file timely reports.

[jimstock]

“As stated last week, all future financing will come via private equity and/or purchase order financing. Any shares issued for such financing will be rule 144 restricted and carry a two year quite period in which such shares cannot be sold on the public market.
http://www.otcmarkets.com/stock/HRNF/news

They clearly specify a two year quite period for any shares issued for financing under rule 144.
imo.