CRIS, Curis (formerly CBMI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : CRIS, Curis (formerly CBMI)

CRIS 1.310

+0.1%

Nov 10 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Icebrg who wrote (392)	8/12/2001 2:52:27 AM
From: tuck	of 668

OK, Ice, It's at this point I have to defer to the more knowledgeable on what usually happens with these. It's always good to find out how long these things last, and I guess it is flexible (I know of one in which the period was a year (LMT for LOR shares; it was apparently allowed to lapse)). Two years is a long time. I think there may be other ways of disposing of the shares sooner without rule 144(k) being violated (private sale?), but this is where I need help from those more versed in securities law. Your point that Curis made the filing is technically correct and I am in semantic error there. But since Curis gets no proceeds, and the holders of the privately placed shares do, it's a distinction without a difference. I didn't mean to get you all fired up here, but maybe it's a good thing. Now we're both more curious, I reckon. Cheers, Tuck

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next