Stockholder plans Rule 144 sale of 161,010 GEDC shares (OTCQB: GEDC)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
A shareholder of GEDC has filed a Rule 144 notice to sell up to 161,010 common shares through broker Wilson-Davis, with an aggregate market value of $50,000.00. The shares are listed on the OTCQB, and the approximate sale date is 12/11/2025.
The notice states that 25,730,540 shares of this class were outstanding. The seller acquired the common shares on 12/26/2023 via an Exchange Subscription Agreement with the issuer, funded by wire/check payments made on 02/19/2021, 04/22/2021, and 07/01/2021 for blocks of 49,003, 98,004, and 49,003 shares.
Positive
- None.
Negative
- None.
FAQ
What does the seller represent about GEDC’s information in this Rule 144 notice?
The seller represents that they do not know any material adverse information about GEDC’s current or prospective operations that has not been publicly disclosed. This representation is part of the required attestation when signing the Rule 144 notice for the planned share sale.