Tag Archives: shell company

When Can I Have the Restricted Legend Removed From My Stock Certificates?

Is the Shareholder an Affiliate of the Issuer? If you are now, or have been within the previous 90 days, an Affiliate of the Issuer, you cannot have them removed (yet).   All Affiliate stock is subject to volume limitations and … Continue reading

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How Can A Former Shell Company Sell Stock Under Rule 144?

Blank Check or Shell Companies under Rule 144 Under the new SEC Rules, since February 15, 2008, Rule 144 has not been available for the resale of securities initially issued by either a reporting or a non-reporting shell company or … Continue reading

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