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cero9

04/05/13 1:20 PM

#41845 RE: BlueDragon #41841

Private placement (section 4(2)) shares must be registered to sell within the holding period, in this case 6 months. But they can be sold at any time if they are registered and the legend is removed... That said, I don't expect them to be sold during the holding period.

http://www.sec.gov/investor/pubs/rule144.htm
http://www.sec.gov/answers/restric.htm