DCH Technologies (DCH) Message Board

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Microcap & Penny Stocks : DCH Technologies (DCH)

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To: The Street who wrote (1120)	4/15/1999 1:27:00 PM
From: trader	Read Replies (1) of 2513

Street, the sale of 144 stock (which yahoo calls insider sales) does not mean the seller is an insider. If you are an individual who participates in a Reg D or other non-exempt private placement in a public company, your stock is restricted or rule 144. You must hold the stock as an investment for one year before you are allowed to sell it. Once the period is complete, you may register your shares and lift the rule 144 legend of the certificate by filling a 144 document with the SEC. These are then public information. For some reason yahoo advertises them and calls them insider sales. I cant see all these people who are mom and pop investors be insiders. As far as Ram, companies are allowed to use shares (yes restricted rule 144) to pay for services in exchange for cash. This again (if a company pays a printer shares for printing the brochures) doesnt make the individual an insider. I cant see the printer down the street who prints business cards in the board room negotiating with the DOE. Please Street understand the business and laws of the trade before making remarks like this.

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