STOCK TITAN

DEFG (DEFG) investor plans Rule 144 sale of 350 common shares on OTCQB

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

DEFG received a Rule 144 notice for a planned sale of restricted common shares. The selling holder intends to sell 350 common shares through Canaccord Genuity Corp on the OTCQB, with an aggregate market value of $3,500.49. The filing states that there were 239,000 common shares outstanding at the time of the notice, which is a baseline figure for the issuer.

The 350 shares to be sold were originally acquired on 07/15/2021 in a privately negotiated cash transaction directly from the issuer. The notice also lists multiple prior sales of DEFG common shares over the past three months by DCG International Investments Ltd, showing ongoing dispositions under Rule 144. The signer represents that they are not aware of any undisclosed material adverse information about DEFG.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 filing for DEFG disclose?

The Form 144 for DEFG discloses a planned sale of 350 common shares under Rule 144. The shares are to be sold through Canaccord Genuity Corp on the OTCQB marketplace.

How many DEFG shares are being proposed for sale and at what value?

The notice covers a proposed sale of 350 DEFG common shares with an aggregate market value of $3,500.49 as reported in the filing.

How many DEFG shares were outstanding when this Form 144 was prepared?

The filing states that 239,000 common shares of DEFG were outstanding at the time referenced in the notice; this is a baseline figure for the company.

When and how were the DEFG shares being sold originally acquired?

The 350 DEFG common shares were acquired on 07/15/2021 in a privately negotiated transaction, purchased directly from the issuer for cash on that date.

Which broker and exchange are involved in the planned DEFG share sale?

The filing lists Canaccord Genuity Corp, located in Vancouver, as the broker for the proposed sale, with trading to occur on the OTCQB market.

Has the selling holder recently sold other DEFG shares?

Yes. Over the past three months, DCG International Investments Ltd is shown as having completed multiple sales of DEFG common shares, each with specified dates, share amounts, and gross proceeds.

What representation does the seller make about DEFG in this Form 144?

The seller represents that they do not know any material adverse information about DEFG’s current or prospective operations that has not been publicly disclosed.