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 FORM 144  Glendale Securities, Inc 1997

1997-2025 Form

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a holder of restricted securities securities that haven't been registered for sale pursuant to the Securities Act is able to resell its securities through a variety of different approaches of course it can register have the issuer register the resale of those securities under the Securities Act pursuant to a resale registration statement a holder also can rely on for a 1 and a half or for a 7 to resell the securities however in either case for a 1 and a half or for a 7 the transferee still received securities that are restricted will 144 provides a non-exclusive safe harbor for public resales of restricted securities this means that a person that satisfies the conditions of rule 144 can resell its securities and be assured that in connection with the transaction it's not going to be viewed as an underwriter is defined under the Securities Act and the transferee receives clean shares that are fungible with the shares that trade on an exchange there are a number of basic

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