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its not an IPO
LMAO What a crock. RELI is a non reporting issuer.
The federal securities laws do not define the term “quiet period.” However, that term is used to refer to the period of time surrounding the filing of a registration statement during which an issuer of securities must ensure that its offering-related communications comply with the federal securities laws. This period lasts, at a minimum, from the time an issuer files a registration statement with the SEC to the time that SEC staff declare the registration statement “effective.” During that period, issuers and other participants in the registered offering must be careful that any “offer” of the registered securities is made in accordance with the federal securities laws. The failure to comply with applicable restrictions on making “offers” is referred to as “gun-jumping.” Because the SEC and courts have broadly construed the term “offer” to include communications that might generate public interest in an issuer or its securities, the scope of communications that are potentially subject to restriction is quite broad.
I am not sure if it is an opinion of yours or speculation. In any event I agree to disagree, unless you know of some activities happening within the company.
To those who claim that because they withdrew their Form 10, they are a "non reporting company". So a quite period can't be enforced by the SEC.
I checked it out and learned that because the filed an S1 the same rules apply to them, they are not allowed to do anything that would be considered
"conditioning" the market.
Ex NIR / AJW Yoel Goldfeder?
Vstock CEO
Anyone that worked for Corey is highly unlikely to forget me
I have spoken to the owners of V Stock who I have known since Vstock was formed.
I have spoken to the owners of V Stock who I have known since Vstock was formed.
Reliance Global has gagged the TA from revealing issued / outstanding and Cede account information to the public. All calls regarding issued / outstanding / float are now referred to the issuer.
I have spoken to the owners of V Stock who I have known since Vstock was formed.
Reliance Global has gagged the TA from revealing issued / outstanding and Cede account information to the public. All calls regarding issued / outstanding / float are now referred to the issuer.
That's a HUGE word.
All I said that if you want to post the truth call Vstock.
Called the TA and was referred to the company. Don't like it when a TA is GAGGED.
The float hasn't been updated in months.... 84,950,848 11/16/2020
Emailing David Waldman now.
VStock Transfer LLC
18 Lafayette Place
Woodmere, NY 11598
212-828-8436
www.vstocktransfer.com
On that point ( alleged Quiet period) the only person who has continually insisted there is a Quiet Period has been the Israeli NDA holder. I find that very strange. Has the IR/ PR firm also stated the Company is in a Quiet Period?
BY JOSHUA KENNON
Updated September 17, 2020
The quiet period on Wall Street is the period of time before a company's IPO and after the company registers with the Securities and Exchange Commission (SEC). During this time, the company must not share any information that isn't already contained in its registration. The quiet period is intended to avoid inflating stock prices before an IPO or providing some investors access to insider information.
Learn more about how the quiet period works and which exceptions are allowed.
What Is the Quiet Period on Wall Street?
On Wall Street, the quiet period is the period of time during an initial public offering (IPO) when the company making the IPO must be silent about the business so as not to impact stock prices or artificially inflate the worth of the company.
The quiet period begins after the business and underwriters file the registration for their IPO and lasts until 40 days after the stock starts trading. During this time, the company must not issue any new information that is not already contained in the registration statement.
Disclosure of additional information would be a violation of the quiet period and could be considered insider information.
If you are a regular investor who doesn't have a lot of contact with Wall Street or company management, it's unlikely you'll be affected by the quiet period. You will still be able to read important regulatory filings at the time of their release to develop a comprehensive picture of the companies in which you are considering investing.
Alternate definition: The quiet period can also refer to the four weeks before the close of the business quarter when a publicly-traded company files its quarterly earnings report.
During this time, company executives are forbidden to speak to the public about the business. The prohibition avoids giving analysts, journalists, certain registered investment advisors, private investors, and portfolio managers an unfair advantage.
In both cases, the term refers to a period of time when information sharing about a company is limited to reduce the chances that fraudulent activity or insider trading will occur.
Alternate names: waiting period, cooling-off period
Thanks for post.
By mistake I posted the wrong paragraph. Open the link and read further.
For publicly traded companies, the quiet period refers to the time between the end of a financial quarter and the company announcing financial results. Public companies also enter into quiet periods during financings when securities (stock or bonds) are issued to the public. During a financing, the quiet period timeline mimics that of an IPO, while the quiet period at the end of each financial quarter varies from company to company. The formal quarter-end quiet period begins at the close of each financial quarter and extends until the company’s earnings call; but depending on the management team, this quiet period can also include the days leading up to the close of the quarter.
OK. TY
this is a public company. for you to state the RELI cannot issue any pr's during this S-1 process is untrue
Timeline of a Typical Quiet Period
For private companies issuing public shares for the first time (IPO), the quiet period begins once management and the underwriters reach an agreement and file a registration statement (S-1) with the SEC. Once the SEC completes their review process, the S-1 becomes available to the public, marking the beginning of the “waiting period.” The waiting period starts when the S-1 becomes publicly available and ends on the day the price is set for the issued securities. Once the pricing is complete, the company enters the final phase of the quiet period. The goal of this phase is to allow stock to trade without influence from new information. The length of this phase is determined by the underwriting banks and can last anywhere from 10–25 days.
$HRAL looking good.
wrong about your past? no shot.
your record is what it is
I too picked up quite a bit of shares yesterday and today.
$RCPIQ not a bad day.
The bid finally moved to .01 from .0086. Looking better now. IMO
Never mind bid is back to .0086
$ASCK nice volume this morning.
A happy and healthy new year.
These are my closing thoughts for the year 2020 and my expectations for 2021.
I have mentioned in a previous post that until $RELI becomes "Effective" with the SEC they are unable to PR any news. Yes, I know some here think that the "quiet period" is just something I am making up, but if you do some DD you will see that in fact that is so. Once the SEC deems $RELI "effect " they will have lots of updates to share with their investors, including an uplist to NASDAQ. Upon becoming a NASDAQ company, it will be a whole new ballgame for them and for us, with lots of new eyes and new investors looking to invest/buy into the company.
I am excited about where the company is heading in general and especially with the big insurance company they signed and LOI with as I am sure both parties are doing their best to get things done as soon as possible. I am also pretty sure that $RELI will keep pursuing more opportunities in purchasing more insurance companies and making $RELI one of the top companies to invest in.
Many OTC companies do a r/s by diluting the stock out of fear of getting delisted. It's a death spiral. In the case of $RELI there is no dilution. $RELI's future belongs in the NASDAQ, based on their fundamentals I believe soon enough they will emerge from their penny stock status and enter the big world of NASDAQ , where they belong.
Yesterday's filing of the S1/A is a very positive step. It shows that $RELI is moving toward the goals they announced both as far as NASDAQ and future acquisitions.
I think it is time to let go of past mistakes. The beautiful journey of today and the future can only begin when we learn to let go of yesterday.
Wishing all a Happy healthy and PROSPEROUS new year 2021.
They are. I am mobile now so cant share but check again
Market is open full day tomorrow
Very disappointed, I actually had a gut feeling that I go on OTCMARKETS.COM tonight and see EFFECTIVE instead of a another S-1A.
My opinion, a sloppy, inexperienced IB Sponsor!
$RELI SEC Comments grew to 87 from 72
Its going the wrong way
GLTA
Another step closer. I'll take progress !$!
I don't care if no one agrees with me. I am "happy" they agree with you and think you are spot on all the time.
ClarkPetula Wednesday, 12/30/20 05:01:23 PM
No one agrees with you unless they’ve been paid. Chew on that kosher
I too agree with BenK and with you.
Thank you for all your lovely private messages.