STOCK TITAN

LTCN shareholder files Form 144 to sell 8,000 common shares

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

Rhea-AI Filing Summary

A shareholder filed a Form 144 notice to sell common shares of LTCN. The filing lists a proposed sale of 8,000 shares through Canaccord Genuity Inc. on the OTCQX with an approximate sale date of 10/27/2025. The aggregate market value tied to this notice is $64,530.40. The table shows 24,252,100 shares outstanding.

The shares to be sold were acquired on 10/19/2024 in a privately negotiated transaction from the issuer for cash (8,000 shares). Over the past three months, the filer reported additional sales of common shares: 16,371 shares for $153,343.88 on 08/04/2025, 55,066 shares for $515,252.56 on 08/06/2025, and 15,500 shares for $118,615.3 on 10/24/2025. This notice reflects a potential secondary sale by the holder; proceeds would go to the selling shareholder.

Positive

  • None.

Negative

  • None.

Insights

Form 144 discloses a planned secondary sale; neutral impact.

This notice outlines a holder’s intent to sell 8,000 common shares via Canaccord Genuity Inc. on the OTCQX, with an indicated $64,530.40 aggregate market value. The shares were acquired on 10/19/2024 in a privately negotiated, cash transaction.

Form 144 filings inform the market of potential sales under Rule 144. Cash proceeds flow to the selling shareholder, not the issuer. The filing also lists prior three-month sales with specific share counts and proceeds, which Rule 144 requires for aggregation considerations.

Actual market impact depends on execution of the proposed sale and trading liquidity. The document provides no guidance or issuer cash flows; it simply permits transparency around potential secondary sales by the holder.

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 LTCN Form 144 filing disclose?

It discloses a planned sale of 8,000 common shares on the OTCQX via Canaccord Genuity Inc. with an aggregate market value of $64,530.40.

When were the shares to be sold acquired and how?

They were acquired on 10/19/2024 in a privately negotiated transaction from the issuer for cash (8,000 shares).

Who receives the proceeds from the Form 144 sale for LTCN?

Proceeds go to the selling shareholder; the issuer is not the recipient.

What past sales are reported in the LTCN Form 144?

Reported sales include 16,371 shares for $153,343.88 on 08/04/2025, 55,066 shares for $515,252.56 on 08/06/2025, and 15,500 shares for $118,615.3 on 10/24/2025.

How many LTCN shares are shown as outstanding in the filing?

The table shows 24,252,100 shares outstanding.

Which broker is listed for the proposed LTCN sale and on which market?

The broker is Canaccord Genuity Inc.; the market listed is OTCQX.