Has anybody received an info on these dump retricted shares yet?
Posted by njs300zx on :
bump!!!!!!!!!
Posted by Upside on :
Don't know anything about it. I'm assuming you were issued restricted shares at some point?
Posted by mgordy on :
I actually received a certificate in the mail for 10,000 restricted shares the other day that were sitting in my Marsco account. Didn't ask for them to be mailed to me, but whatever. I still have 30,000 sitting in another account, so who knows what the future holds. I haven't heard a thing from the company as far as updates. I hope we find out something soon!
Posted by Upside on :
Is there a restricted legend on the certificate?
Posted by mgordy on :
Yep, stamped on the top and the back
Posted by Upside on :
From the date they were issued, you have to wait two years before they become free trading. After one year it's possible you can unrestrict them but you need to obtain an opinon letter from the issuers counsel which is highly unlikely and possibly pay a hefty fee from your broker. Here's a link to Rule 144 shares which you most likely hold: