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garytalk

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garytalk

Re: cindyyoohoo post# 88900

Sunday, 10/01/2006 11:12:00 AM

Sunday, October 01, 2006 11:12:00 AM

Post# of 169273
CINDYYOYO and PURLSQUIRREL, sorry you are WRONG about 144 files.

I have filed a 144 and I am not an insider. I filed now because it takes about a month to release the shares for sale. So... in a month, when this stock is through the roof, I will be RICH! I have 3 months to sell my stock after it is released. If I had filed my 144 too soon I would have had to sell at a lower price than what this stock is going to be trading for. Notice below that only 1/3 of 144 files are insiders. I DON'T APPRECIATE YOUR MISRPRESENTATIONS! BTW, I am an original investor at .10 with thousands of shares... heeheehee! To help you out I CAPITALIZED IMPORTANT STUFF FOR YOU. See below:

"Approximately one-third of all Form 144's are filed by corporate insiders. Therefore, Form 144 filings are the earliest indication of insider selling in a company. Form 144 filings filed with the U.S. Securities and Exchange Commission (SEC). Any holder of restricted stock who is planning on selling those shares is required to file a Form 144 with the SEC. IT IS NOT NECESSARY TO BE AN INSIDER TO HOLD RESTRICTED SHARES. PEOPLE CAN HOLD RESTRICTED STOCK FOR A VARIETY OF REASONS THAT DIFFER FROM COMPANY TO COMPANY. Two of the more common reasons are: (1) many times, options granted to insiders become restricted stock when exercised; (2) ORIGINAL INVESTORS AND FOUNDERS ARE OFTEN HOLDERS OF RESTRICTED STOCK.

http://holdings.nasdaq.com/asp/help/Form144Ind.asp
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