Anavex Life Sciences Corp (AVXL)

[Millstone]

I don't believe that is correct either. The purpose of the plan is for people that are often in possession of material non-public information (officers/directors) to avoid the appearance of acting on said information, by setting up a stock purchase plan that is either administered by a third-party and/or automatic (set amounts, prices, or dates). Having to suspend automatic purchases would be contrary to the purpose of the 10B5-1 plan. Some people recommend not beginning purchases immediately after setting up the plan to avoid the appearance of impropriety, but I have not heard of stopping purchases prior to material news after the plan is up and running.