Replies to post #3710 on Notis Global Inc. (fka NGBL)

[D-Fense]

"6 months from the date of the 1st sale of discount shares."

Incorrect. The hold time for restricted shares sold by a non-reporting company is 12 months. Any restricted shares sold by a non-reporting company at the time of the sale would need to qualify for an exemption for the purchaser to sell the shares after one year into the marketplace. So, if Medbox has that exemption, any restricted share sales originating from the company would have a minimum hold time of one year.

[oystersnbeer]

What does this mean?

Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering: