InvestorsHub Logo
Followers 5
Posts 1451
Boards Moderated 0
Alias Born 03/12/2007

Re: serfdom post# 17889

Friday, 06/22/2007 2:03:31 PM

Friday, June 22, 2007 2:03:31 PM

Post# of 27672
Guess what gang? Paivis can bite me. I just got a call from BofA that Paivis IS requiring a legal opinion to allow shareholders to sell their restricted 144 shares. Not only that, but their legal counsel is requiring that only they provide the legal opinion and they're charging $300 for it.

So... that means that after you file your 144 forms with the SEC through your broker you have to send $300 to Paivis' legal counsel (in my case being done through BofA) to get the legal opinion that they themselves are requring to sell their own shares.

Lovely.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.