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Lucky Loser

03/02/12 2:21 PM

#8954 RE: Traderfan #8953

Keep in mind TF that if any of the shares were from other paid parties they would have had to have held them for 6 months prior, plus time for opinion letter, released cert, etc. before selling them.

Ironridge circumvented the holding period by having a Fair Hearing finding that immediately released them from 144 restriction.

Not to say that shares couldn't have come from 6+ month old payments, or that there haven't been new ones issued, but these would be entering the market later.