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Re: Big-Picture post# 23827

Monday, 04/24/2017 10:31:52 AM

Monday, April 24, 2017 10:31:52 AM

Post# of 112171
What is an SEC "notice of effectiveness"?
The notice of effectiveness is a public declaration by the Securities and Exchange Commission that a public company's registration statement has been accepted.
For shares in a public company to trade on the open market they must be registered by the company. These registration statements are reviewed by the Commission for a period of time before approval is given, and this notice marks the successful completion of this review process.


But not to sure what it means either? (just a wild guess) maybe something to do with NYSE approval?? don't know...
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