Gotcha...it was me. The "are you ready" was me be
Post# of 8802
Posted On: 07/31/2016 2:39:19 PM
Gotcha...it was me. The "are you ready" was me being a jerk to malc. lol
Here is the email from back in April...
Here is the email from back in April...
Quote:
From: david italk [mailto:david@italkmobility.com]
Sent: Thursday, April 14, 2016 7:23 PM
To: NJ
Subject: Re: filings 3
No the hold period for the insiders are 1 year in addition to rule 144
_________________________________________
On Apr 14, 2016, at 8:21 PM, NJ <wilma6311@yahoo.com> wrote:
So the holding period is six months and the sale is restricted to a %
per the Rule 144 after that six months is up?
Original Message
From: david italk [mailto:david@italkmobility.com]
Sent: Thursday, April 14, 2016 7:19 PM
To: NJ
Subject: Re: filings 2
Yes, you are correct. However this is not the case because you forgot that UMS shares are inside shares.different rule. and can only be sold by a % of average shares traded monthly
________________________________________
On Apr 14, 2016, at 8:09 PM, NJ <wilma6311@yahoo.com> wrote:
The shares can only be restricted for six months for SEC reporting
companies and a year if you are a SEC non-reporting company. Since iTALK is a SEC reporting company...was there a separate agreement that they would be restricted for a year or did you mean six months? Thank you.
Original Message
From: david italk [mailto:david@italkmobility.com]
Sent: Thursday, April 14, 2016 6:30 PM
To: NJ
Subject: Re: filings
it is one year restriction and 144 rule after that.
On Apr 14, 2016, at 7:29 PM, NJ wrote:
___________________________________
Will the common stock issued to UMS remain restricted indefinitely
or only for six months? Thank you.
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