As of January 1, 2014, 144letters.net is now operated by Matheau J. W. Stout, Esq., a Microcap Securities and OTCMarkets attorney.
To request an opinion, or to ask questions, contact Matt Stout at The Law Office of Matheau J. W. Stout, Esq.
(410) 429-7076 Tel
(888) 907-1740 Fax
Tags144 legal opinion letter 144 letter 144 letters 144 opinion 144 opinion letter 144 opinions 144(k) 144letters.net affiliate affiliate rule 144 consulting rule 144 control person control stock exempt from rule 144 former shell company Matheau J. W. Stout matheau stout sec Matheau Stout securities lawyer non-affiliate under rule 144 non shell status otc markets lawyer OTCQB pink current pink sheets private placement Reg D stock restricted legend restricted stock restricted stock transfer rule 144 Rule 144 attorney rule 144 exemptions rule 144 holding period Rule 144 lawyer Rule 504 stock same day 144 opinion letter sec rule 144 Section 4(a)(1) lawyer securities attorney opinion sell restricted stock shell company stock purchase agreement subscription agreement transfer agent wire transfer confirmation
Tag Archives: sec rule 144
New Requirements for OTC Markets OTCQB Market Tier In 2014, OTCMarkets.com tightened the requirements for Issuers seeking to become quoted on its OTCQB marketplace. This has resulted in many fully reporting SEC filers appearing as Pink Sheets on OTCMarkets until … Continue reading
When Can Affiliates Sell 144 Stock Without Volume Restrictions? Under SEC Rule 144, a former officer, director, or control person of an OTC public company can sell his or her shares without the trading volume restriction if greater than 90 … Continue reading
Some Examples of Exceptions to Rule 144 Stock included in a Registration Statement is not subject to Rule 144 if sold exactly as described in the Issuer’s Prospectus. If not sold exactly as specified then Rule 144 is applied. Stock … Continue reading
How Can I Tell If the Seller in a Private Sale is an Affiliate Under Rule 144? Since an “Affiliate” is defined as a “control person” of the Issuer, ask what role the Seller may have played in the founding … Continue reading
Even if your restricted 144 stock was acquired by gift or from a private sale transaction, the issuer’s Transfer Agent (and the issuing company itself) will nevertheless still require a 144 opinion letter because the letter is not designed to … Continue reading