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144 Stock

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144 stock
Used in the context of general equities. Restricted stock.

Restricted Security
A stock or right that one acquires through some means other than the open market. One may receive a restricted security through a merger or acquisition, private placement prior to an IPO, or sometimes through a stock option. A restricted security is not registered with the SEC and thus may not be sold publicly until registration has been made. It is less commonly called a letter security.


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Thus, a salesperson arriving at his or her office each morning, can find on his or her computer names, telephone numbers and wealth potential information for individuals who have sold their 144 stock.
RELATED ARTICLE: Liquefying Rule 144 Stock SEC rule 144, which aims to maintain an orderly market in new stocks, restricts an owner's ability to sell newly issued stock within a two-year period.
id=RegSHOThreshold On a further note, the company wishes to inform its investors that as of Monday, February 25, 2008, according to it Transfer Agent (Holliday Stock Transfer Company) the total number of outstanding shares of the company stands at 26,630,914 of which 10,000,000 are non-registered Preferred shares, 10,445,871 are both Restricted common shares and Rule 144 stock, and 5,985,043 are free trading shares.
 
 
 
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