DD Support Board and Research Team

[coolerheadsprevail]

3-part question for you, janice:

(1)
If a company files an S-1, they cannot begin issuing these new shares until they received notice from the SEC that the S-1 is "effective", correct?

(2)
When issued (or very shortly thereafter), the SEC's "Notice of Effectiveness" will be available for the public to see on EDGAR, correct?

(3)
In your experience, what is the range of time that the SEC typically takes to issue their Notice of Effectiveness? There is a company I am observing that filed an S-1 in early FEB-2014. It's now been two months; should the radio silence be a red flag for anything at this time?

As always, TIA!