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estricted stocks of companies whose unrestricted shares are freely traded and (ii) studies of private transactions prior to initial public offerings el PO"). While both the restricted stock and pre-IPO studies have been used by appraisers to derive adjustments for lack of marketability, we believe tha
riabint..44.440bain s4unksa butst imasattedne ulaknammt *aha% mud. pbot. abri nankubb move_ bal legend• 4.411004.4.tudd sibludine4 sadlnuusay, I6 peuluu aul 'casu. poge9411y udepine tlu BluAlkny vendu. plArann. Oe R111 Wucks4 IIauWIJ prJm lee. softnu tluelqunati µNutte. Tb coetpuly's 0941.13m3 smnphrn.ax.ircks
estricted stocks of companies whose unrestricted shares are freely traded and (ii) studies of private transactions prior to initial public offerings el PO"). While both the restricted stock and pre-IPO studies have been used by appraisers to derive adjustments for lack of marketability, we believe tha
riabint..44.440bain s4unksa butst imasattedne ulaknammt *aha% mud. pbot. abri nankubb move_ bal legend• 4.411004.4.tudd sibludine4 sadlnuusay, I6 peuluu aul 'casu. poge9411y udepine tlu BluAlkny vendu. plArann. Oe R111 Wucks4 IIauWIJ prJm lee. softnu tluelqunati µNutte. Tb coetpuly's 0941.13m3 smnphrn.ax.ircks
estricted stocks of companies whose unrestricted shares are freely traded and (ii) studies of private transactions prior to initial public offerings el PO"). While both the restricted stock and pre-IPO studies have been used by appraisers to derive adjustments for lack of marketability, we believe tha
riabint..44.440bain s4unksa butst imasattedne ulaknammt *aha% mud. pbot. abri nankubb move_ bal legend• 4.411004.4.tudd sibludine4 sadlnuusay, I6 peuluu aul 'casu. poge9411y udepine tlu BluAlkny vendu. plArann. Oe R111 Wucks4 IIauWIJ prJm lee. softnu tluelqunati µNutte. Tb coetpuly's 0941.13m3 smnphrn.ax.ircks
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