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Posted On: 05/23/2024 12:13:35 PM
Post# of 86956
Re: dogsgetwings #83397
He filed a Form 144 in 2021 when he sold shares.
What is SEC Form 144? Form 144 is a mandatory SEC filing for those intending to sell restricted or control securities. Restricted securities stem from private sales, whereas control securities belong to affiliates such as directors or large shareholders.
Why file that when he sold shares if he doesnt need to?
So if hes not rich and is not getting rich, hes paying for websites, and state licenses and stuff with times organization just to scam few people out of hundreds of dollars not thousands or millions. Seems like a silly scam and not much upside. Again maybe i'm confused doesn't seem like that makes much sense if any at all.
What is SEC Form 144? Form 144 is a mandatory SEC filing for those intending to sell restricted or control securities. Restricted securities stem from private sales, whereas control securities belong to affiliates such as directors or large shareholders.
Why file that when he sold shares if he doesnt need to?
So if hes not rich and is not getting rich, hes paying for websites, and state licenses and stuff with times organization just to scam few people out of hundreds of dollars not thousands or millions. Seems like a silly scam and not much upside. Again maybe i'm confused doesn't seem like that makes much sense if any at all.
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