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To: From_Verbier who wrote (7795)	1/8/1999 4:27:00 PM
From: mrNetVestor	Respond to of 40688

This interaction is great! (No fights) This is why I signed up with SI....learn something new everyday.

To: From_Verbier who wrote (7795)	1/8/1999 4:35:00 PM
From: Ice Cube	Read Replies (3) \| Respond to of 40688

144 stock is simply restricted stock. When you file to sell the stock, you have to fill out 144 paperwork which is provided by any brokerage firm. It goes like this, 10 you turn in your cert to a brokerage firm, then they send you 144 paperwork which is a SEC form. It basically asks you when you got the stock, how you got it, how much you intend to sell and when you intend to sell it. A few other issues on the form also that you must sign off on. Once you turn it in you can sell and the 144 paperwork is sent to the corporate attorney for an opinion letter which says it's ok for you to sell the stock and then the transfer agent will send a clean cert back to the broker who you are selling it through and the deal is done. Now there are some exceptions to this.... I won't go into them because it carries negative connotations and it usually isn't don... hope this helps... by the way 144 ijust restricted and is held by insiders and any other person ....