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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)
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To: ajs who wrote (2989)5/25/1999 12:44:00 PM
From: Tom Brown  Read Replies (2) of 3129
 
ajs, sorry to be so late in responding to your question about why I believe restricted shares become unrestricted one year after the initial registration. Was busy with my dog (the real one) and will now answer.

Please go to "stock detective: which lists Companies gone south, at this link:
financialweb.com

Will not print the Company name (you can find it if you want), but here is the comment made: "began publicly trading on March 31, 1998. Usually, 144 shares become free trading one year after issuance."

Hope that answers your question.
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