Posted On: 09/02/2014 10:11:24 AM
Post# of 5949
I am betting my last share on the majority of Sal's 'control shares' being returned to treasury. Sal has held them for almost 1 year, and they are certainly not part of the float. No Form 144 has been filed with the SEC.
"- SEC Rule 144 Applies to OTC Stocks.
- A SEC Form 144 must be filed, which puts the public on notice of the Affiliate’s proposed sale.
- Affiliates are generally officers, directors, or beneficial owners of more than 10% of an Issuer’s stock
"Must Affiliates File a Notice on Form 144 When Selling Stock?
Affiliates Filing a Notice of Proposed Sale With the SEC
Affiliates are generally officers, directors, or beneficial owners of more than 10% of an Issuer’s stock , and like all shareholders in Over-the-Counter microcap companies, Affiliates sooner or later want to sell some of their securities. When an Affiliate wishes to sell stock, the U.S. Securities and Exchange Commission requires filing SEC Form 144 , which puts the public on notice of the Affiliate’s proposed sale."
http://otclawyers.com/tag/sec-rule-144/
"- SEC Rule 144 Applies to OTC Stocks.
- A SEC Form 144 must be filed, which puts the public on notice of the Affiliate’s proposed sale.
- Affiliates are generally officers, directors, or beneficial owners of more than 10% of an Issuer’s stock
"Must Affiliates File a Notice on Form 144 When Selling Stock?
Affiliates Filing a Notice of Proposed Sale With the SEC
Affiliates are generally officers, directors, or beneficial owners of more than 10% of an Issuer’s stock , and like all shareholders in Over-the-Counter microcap companies, Affiliates sooner or later want to sell some of their securities. When an Affiliate wishes to sell stock, the U.S. Securities and Exchange Commission requires filing SEC Form 144 , which puts the public on notice of the Affiliate’s proposed sale."
http://otclawyers.com/tag/sec-rule-144/
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