sloan, Yes I have elected to be part of the recent S-1 amended filing of the Company to REGISTER certain 144 shares under my control. Thanks for looking after me!
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The correct terminology IMO, though is REGISTER the shares. As I could have SOLD those particular shares under SEC rule 144. I could have sold 144 shares last year, had I wanted to. I didn't, and I don't!
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The S-1 filing is perhaps a "notice of intent to sell" as that is a possibility, I COULD sell! But in fact what actually happens is once the S-1 is approved, the legend is simply removed from the certificates. Whether I should sell once that happens, or whther I don't sell is not of ANY concern of the SEC.
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The reason for getting those certs included and registered in the S-1 is that they hopefully will be one step closer to being marginable securities, along with the other non-legend shares of EURO stock under my control.
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It is very possible that other shares being registered in the S-1 are being done so for the same or similar reasons as I have explained.
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To my knowledge there is nothing prohibiting me, from "saying anything that is not part of the S-1", as you seem to take exception to my posting yesterday about the new management on board. If you are aware of some rule that prohibits parties in S-1 registration from prognosticating about their investment's future, please let me know via e.mail. I'd like to make sure I don't run afoul of some rules.
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I've never had such brought to my attention before, although I have been very active if public Companies, registrations, etc etc over the past several years, with no problems.
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What do you make of those high level corporate and government individuals who are now on board the EURO train? I can't help but be impressed!
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Colin |
