SI
SI
discoversearch

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.
Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Buche' who wrote (17095)4/24/1999 11:43:00 PM
From: jwk  Read Replies (2) of 40688
 
I believe the 144 shares which hit the market were either those given to venture capitalists who helped fund the intial stages of development and/or private placement shares which were given as payment for services rendered in the development process.

Since these shares did not come into the market via the same public channel as yours and mine did, the SEC use the 144 rule to red flag them and make sure they are accounted for and noticed when they do get sold into the total float.

GZ has stated repeatedly that no company insiders have sold, that their shares are locked-up, and that they intend to announce a continuation of that voluntary lock-up soon.

OK, your turn ... pm me a trade secret, eh?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News