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To: scion who wrote (12835)9/26/2011 7:11:08 PM
From: scionRead Replies (1) | Respond to of 53574
 
Whatever the theorized motivation is irrelevant to the reality that they can't be sold without going through the multi- week process and expense first so the claims of millions coming unrestricted is a ridiculous fairy tale.

MorningLightMountain Monday, September 26, 2011 7:02:46 PM
Re: Rawnoc post# 135483 Post # of 135490

Whatever the theorized motivation is irrelevant to the reality that they can't be sold without going through the multi- week process and expense first so the claims of millions coming unrestricted is a ridiculous fairy tale.

The Rule144Letters.com Solution
Rule144Letters.com provides many services and benefits to Shareholders of restricted securities, including offshore Sellers of Regulation S stock, which also benefit the Broker, the Issuer and the Stock Transfer Agent:

Services for the Shareholder

Notification of Compliance. Rule144Letters.com provides an immediate response about whether the proposed sale will comply with Rule 144. If the proposed sale does not comply with Rule 144, there is no charge to the Shareholder for our services.

Next Day Opinion Letter. If Shareholder is eligible to receive a Rule 144 opinion letter, it will almost always be prepared, signed and issued by Logan Law Firm PLC within one business day of receipt of the required (a) online information, (b) faxed documents and (c) payment or confirmation of payment arrangements. The letters are often issued the same day that the information, faxed documents and payment confirmation are received.

Reasonable Fee. A fee of $295.00 for each Rule 144 opinion letter is charged for:

Analyzing the information provided by the Broker on behalf of the Shareholder,
Writing the Rule 144 opinion letter, and
Providing any requested assistance regarding the opinion letter to the Broker-Dealer, Issuer and Stock Transfer Agent.


rule144letters.com

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Rawnoc Monday, September 26, 2011 6:46:48 PM
Re: ibreken post# 135480 Post # of 135490

Whatever the theorized motivation is irrelevant to the reality that they can't be sold without going through the multi- week process and expense first so the claims of millions coming unrestricted is a ridiculous fairy tale.

siliconinvestor.com



To: scion who wrote (12835)2/20/2012 10:46:21 AM
From: scionRespond to of 53574
 
John has paid to have your restrictive legend removed? Which PIPE?

Generic Share Monday, February 20, 2012 9:27:20 AM
Re: stocker11 post# 166128 Post # of 166413

John has paid to have your restrictive legend removed? Which PIPE?

siliconinvestor.com

stocker11 Friday, February 17, 2012 7:19:50 PM
Re: Generic post# 166012 Post # of 166413

JBI pays for the legal letter.

Quote:
pay an attorney to get the restrictive legend removed

siliconinvestor.com

Pipeholder Friday, June 25, 2010 3:15:03 PM
Re: SteveF post# 52763 Post # of 166412

From Anslow + Jaclin on getting the restriction removed:

If you would like the restrictive legend removed, please have your broker contact me and supply me with the necessary 144 paperwork, including a broker and seller representation letter along with a copy of the certificate and a fee of $500.



Please note at this time, the company is not current in their filings so we will not be able to provide a 144 legal opinion until they are current.

-----------------------------------------

this means as a pipeholder, I cannot remove my restriction. I don't know how any of the December pipeholders can remove their restriction.

siliconinvestor.com