FACEBOOK FEEDBACK ... Same as the Queens screen grab earlier but worth a repost :)
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Hi, All.
Regarding the S-1 financing (announced on April 7th): The company does not expect any further comments from the SEC. Note that filing for effectiveness of an S-1 is a formality that takes a few days. Once the S-1 becomes effective, it will be announced via a press release.
As mentioned, quiet periods are legally required for IPOs and S-1 financings. Quiet periods are widely known to be difficult (at best) as companies are restrained in many ways and legally bound to silence. While this process is a major burden, it is also a major step forward that is roundly welcomed by the professional investment community.
For questions related to the above, please contact investor relations at invest@worldmoto.com
Best,
WM