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Quotes of the day:
Stay beautiful stay off drugs -Johnny Wowk AKA Johnny The Walker
Unregistered shares, also called restricted stock, are securities that are not registered with the Securities and Exchange Commission (SEC). They are usually issued through private placements, Regulation D offerings, or employee stock benefit plans as compensation for professional services, or in exchange for funding a startup company. For example, a privately-held company might issue unregistered shares to its executives and board members as part of their compensation package.
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