[givemeethekeys]

I disagree. If you're a private company, it means that you don't owe anyone outside your company details on your financial performance, and that your shares aren't floated.

But if you, the private company, sold a percentage of your property to someone, then that someone most definitely has the right to sell their shares to someone else. You the private company still don't have to disclose your financials to anyone.

I think any non-transferability agreement is pure bullshit. I feel bad that OP has to now fight to get whats already his.

[BaseballPhysics]

> I think any non-transferability agreement is pure bullshit.

I feel that way about a lot of things. For example, I feel like forced arbitration clauses should be unenforceable.

But what I feel and what is legal aren't the same things, and when laying out a huge chunk of capital, it's important to understand the difference.

[givemeethekeys]

Yeah, I think you're correct about that part. Perhaps rights were signed away - lawyers rejoice.