Replies to post #10200 on Spectacular Solar Inc (SPSO)

[Fritz]

"Retail investors have no way to know if they are hitting the market, or not. "but we do know as I my self have confirmed what the float is.

It is 24 million as of a few weeks ago. Feel free to call yourself.

[Bigwitz]

$SNTL again only posting partial and non factual information. Registration required, Fully Reporting status required all required by filing a Registration statement Under SEC rule 144 regs for Former Shell Companies.


http://www.mofo.com/files/Uploads/Images/FAQRule144_145.pdf


Unavailability of Rule 144 for Securities of Shell Companies

What are shell companies?

A shell company, as defined in Rule 405 of the Securities Act, is a registrant with no or nominal operations and either no or nominal assets, assets consisting solely of cash and cash equivalents, or assets consisting of any amount of cash and cash equivalents and nominal other assets.
Can shell companies take advantage of Rule 144?
No, securities issued by a shell company cannot be sold in reliance on Rule 144. Also, Rule 144 may become available for securities issued originally by a shell company that is no longer a shell company if the company:
• is a reporting company;which SNTL is not without a filing
• has filed all required reports during the preceding 12 months (or any shorter period during which the company has been subject to reporting requirements);which SNTL has not because under PINK SHEETS there are no reporting requirements because they have NOT FILED TO BE FULLY REPORTING IE: S1 LIKE I said in the first lesson
and
• has filed current "Form 10 information" with the SEC reflecting that it is no longer a shell company.which SNTL has not
See Rule 144(i).