Ayala Pharmaceuticals Inc (ADXS)

[fbg0316]

It depends on how long a transaction takes to finalize (if that is a reason for the blackout). Granted, we don't know whether the current blackout is related to a deal or buyout, but I do find it curious that the blackout began around the same time several of the management team were removed from company material. "If" their department is related to a forthcoming change or control, I can see why the company would have a blackout to ensure no one at the company inadvertently discloses that the execs may have left because of some transaction in the works.