SODI (OTC-PINK) files Form 144 to resell 20,000 shares via broker

Rhea-AI Filing Summary

SODI proposed the sale of 20,000 shares of Common Stock, $0.01 par value, via a Section 144 notice dated 06/24/2026. The shares are listed OTC-PINK and were acquired in open-market purchases beginning 10/16/2015 with cash settlement beginning 10/22/2015.

The filing names Auerbach Grayson & Company LLC as the broker and records payment as "cash payment of good funds upon regular trade settlement". The notice describes planned resale method as open-market transactions; timing and proceeds recipients are not detailed in the excerpt.

Insights

Securities Attorney

Section 144 notice for resale of restricted shares; procedural disclosure only.

The filing documents a proposed resale under Section 144 of 20,000 shares of Common Stock on 06/24/2026. It identifies the broker and traces acquisition dates to open-market purchases beginning 10/16/2015.

The legal relevance is administrative: such notices permit resale when conditions are met but do not, by themselves, consummate a sale. Subsequent trade reports or confirmations would show actual execution and cash flows.

Capital Markets Analyst

Administrative filing signals a potential overhang of 20,000 shares.

The notice lists the shares as OTC-PINK registered with a broker and acquired through open-market purchases, suggesting these are unrestricted or resalable under the Section 144 framework.

Market impact depends on whether the shares are sold and at what pace; execution details and proceeds allocation are not included in the excerpt.

Key Figures

Shares proposed for resale: 20,000 shares Par value: $0.01 par value Acquisition start date: 10/16/2015 +2 more

5 metrics

Shares proposed for resale 20,000 shares Section 144 notice dated 06/24/2026

Par value $0.01 par value Common Stock

Acquisition start date 10/16/2015 Open-market purchases began

Settlement start date 10/22/2015 Cash payment upon regular trade settlement

Market tier OTC-PINK Listing/quotation tier shown in notice

Key Terms

Form 144, Section 144 notice, OTC-PINK, Open market purchases

4 terms

Form 144 regulatory

"Section 144 notice for resale of restricted shares (20,000 shares)"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Section 144 notice regulatory

"Proposed resale under Section 144 dated 06/24/2026"

OTC-PINK market

"Securities listed as OTC-PINK in the filing excerpt"

Open market purchases market

"Open market purchases on various dates beginning 10/16/2015"

Open market purchases are buys of a company’s shares (or other securities) made on public exchanges at prevailing market prices rather than through private deals. For investors this matters because when a company buys back its own stock it reduces the number of shares available, which can boost per-share earnings and often signals management’s confidence; it also affects supply, demand and short-term liquidity much like someone quietly buying up items from a crowded marketplace.

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Available on EDGAR 06/24/2026 - 06:16 PM Accepted by SEC EDGAR 06/24/2026 - 06:15 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock, $0.01 par value	Auerbach Grayson & Company LLC 20 W. 55th Street New York NY 10019	20000	465200.00	2152703	06/24/2026	OTC-PINK

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock, $0.01 par value	10/16/2015	Open market purchases on various dates beginning 10/16/2015.	N/A			20000	10/22/2015	Cash payment of good funds upon regular trade settlement on various dates beginning 10/22/2015.

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does SODI's Form 144 disclose?

It discloses a proposed resale of 20,000 shares of Common Stock on 06/24/2026. The notice lists broker details and shows the shares were bought in open-market purchases beginning 10/16/2015 with settlement from 10/22/2015.

Who is the broker handling the proposed sale for SODI?

The filing names Auerbach Grayson & Company LLC as the broker. The broker's address is provided and the method of resale is listed as open-market transactions in the notice.

How were the 20,000 shares acquired according to the filing?

The shares were acquired via open-market purchases beginning 10/16/2015. The filing states cash payment occurred upon regular trade settlement beginning 10/22/2015, per the acquisition entries.

Does this Form 144 mean the shares have been sold?

No. The Form 144 is a notice of proposed sale, not a trade confirmation. It permits resale under Section 144; actual execution and settlement would appear in subsequent trade records or confirmations.