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  4. Univec Conglomerate Inc (UNVC) Message Board

DD: Just came across some interesting... A frie

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Post# of 86921
(Total Views: 874)
Posted On: 11/22/2021 3:40:21 PM
Posted By: Chiro2019
DD: Just came across some interesting...

A friend of mine helped me with this DD.

Didnt doc just file a form 144? YES HE DID.
https://sec.report/Document/0001683168-21-004978/

Look what I found about form 144...(I dont know if this has been posted before or not, I have not seen it yet)

RULE 144 AND FORM REGISTRATION STATEMENTS
Quote:
In layman terms, Rule 144, allows shareholders to sell their unregistered shares. However, Rule 144(i), as amended, provides in pertinent part that the Rule is unavailable for the use by shareholders of any company that is or was at any time previously, a shell company. A shell company is one 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.

In order to use Rule 144, a Company must have ceased to be a shell company, be subject to the reporting requirements of section 13 or 15(d) of the Exchange Act; filed all reports and other materials required to be filed by section 13 or 15(d) of the Exchange Act, as applicable, during the preceding 12 months (or for such shorter period that the issuer was required to file such reports and materials), other than Form 8-K reports; and have filed current “Form 10 information” with the Commission reflecting its status as an entity that is no longer a shell company, then those securities may be sold subject to the requirements of Rule 144 after one year has elapsed from the date that the issuer filed “Form 10 information” with the SEC.



What does that tell us? In layman's terms again, Doc somehow filed or indicated to the SEC through some kind of paperwork that we are not a shell. Which means? The conglomerate behind the scenes is starting to form. AGAIN this speculation off the DD, I have no idea for sure. Just want to put that disclaimer out their.


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