A shareholder puts some of his shares up for sale through AST. Yes, you can do that.

John Rambo has had enough. He’s putting a portion of his Next Bridge Hydrocarbons shares up for sale — something many shareholders didn’t even realize was possible. After digging into the process, completing the necessary paperwork, and working with AST (American Stock Transfer & Trust Company now Equiniti), John has officially listed his shares for sale.

The complete private sale process is outlined in this YouTube video:

While selling privately might sound appealing, the biggest challenge is finding a buyer. Many in the MMTLP community have no interest in selling to hedge funds or brokers, given their role in the events that led to the current situation. And would trapped investors even want to go in even more on their MMTLP debt?

Then there’s the question of price. John has set his at $50 per share, offering up to 500 shares in blocks of 100. That means a minimum purchase of 100 shares for $5,000. So far, however, John told us that no offers have come in. John also emphasized that he doesn’t want his listing to undermine any potential litigation or settlements by publicly setting a $50 per share figure.

A recent poll he ran on X shows the community is largely supportive — 66% said he should continue with the private sale, while 34% felt he should stop.

Is $50 a fair price for Next Bridge shares? That’s anyone’s guess. The fight for shareholder justice could drag on for years, or we could see a major legal breakthrough that forces short positions to be covered at $100, $500, or even $1,000 per share. Like any investment, it’s a gamble.

The fact that shareholders can actually set up a sale like this is intriguing. If John finds a buyer, others may follow — and we could even see a small bidding war, with sellers adjusting prices to attract attention.

Ali from Trading Secrets recently covered John’s sale in detail in one of his videos, which you can watch below.

You can contact John on X at @XMenWarriors. Good luck! We hope he can get some of the financial relief all of us seek, sooner rather than later.