The new O/S with any luck will be restricted for a minimum of 6 mths.
Unfortunately, that is not the case.
As I explained here, the SEC Rule 504(b)(1)(iii) registration exemption used by IJJP in both of its Form D filings allows the sale of unrestricted securities if the offering complies with the exemption requirements which I mentioned in my post.
However, this exemption is commonly abused as I also mentioned in my post.
Correction to that post - the date of the previous Form D should be 2009, not 2098: