And the issuer cannot be, nor have ever been a shell company for non-filers or rule 144 is never available to free up the shares.
For filers, the same applies, the issuer cannot be, nor have ever been a shell company or 144 does not apply. A reporting issuer can cure this, and only a reporting issuer can, by not being delinquent in its filing requirements for a period of one year. Then, and only then can Rule 144 apply to shareholders of restricted securities. In addition, affiliate shares and sale restrictions would still apply.
I am back from vacation Janice. What did I miss?