Posted On: 09/12/2016 10:19:14 AM
Post# of 75357
Re: the wise one #25173
Mrs Li's group already owns other Chinese beverage companies. There is experience and MONEY behind this wealthy Chinese investment group.
I have to commend Jery Grisaffi for allowing a wealthy group of investors to take the reigns of the company and allow the brand to develop with the funding it so desperately needs.
Hey, don't forget Jerry has a very large common share position. He's not going anywhere especially since he is subject to the conditions of SEC rule 144.
Trading Volume Formula. If you are an affiliate, the number of equity securities you may sell during any three-month period cannot exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing of a notice of sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement.
Rule 144: Selling Restricted and Control Securities
https://www.sec.gov/investor/pubs/rule144.htm
https://finance.yahoo.com/news/rocky-mountain...00321.html
I have to commend Jery Grisaffi for allowing a wealthy group of investors to take the reigns of the company and allow the brand to develop with the funding it so desperately needs.
Hey, don't forget Jerry has a very large common share position. He's not going anywhere especially since he is subject to the conditions of SEC rule 144.
Trading Volume Formula. If you are an affiliate, the number of equity securities you may sell during any three-month period cannot exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing of a notice of sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement.
Rule 144: Selling Restricted and Control Securities
https://www.sec.gov/investor/pubs/rule144.htm
https://finance.yahoo.com/news/rocky-mountain...00321.html
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