Legal Opinions

Securities Legal Opinion Letters

We draft securities opinion letters for issuers and shareholders of OTCMarkets public companies including those:

Requested by Shareholders:

Rule 144 Opinion Letters, which are required by transfer agents and brokers when clearing restricted stock under SEC Rule 144 or Rule 145.

4(a)(1) Opinion Letters, which are sometimes required if Rule 144 does not apply, such as when a Shareholder has owned restricted shares for at least two years of an issuer which is either a “shell” or not current in its reporting requirements.

Requested by Issuers:

DTC Opinion Letters, which are required by the Depository Trust Company following an issuer’s reverse split.

OTCMarkets.com Current Information Opinion letters, required by those issuers seeking to raise their status from Caveat Emptor, Pink No Information (Stop Sign), or Pink Limited Information (Yield Sign) to achieve “Current Pink” on OTCMarkets.com.

Leave a Reply