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Re: badabing1us post# 25074

Thursday, 08/23/2007 2:48:35 PM

Thursday, August 23, 2007 2:48:35 PM

Post# of 87555
I'm pretty sure the quiet period you are referring to pertains to IPO's. I personally believe we are under a quiet period on advice of Spooz council, not so much the SEC. The link I provided gives a definition of what a quit period is as far as the SEC is concerned. If Spooz council feels pending events are significant and/or they require a filing, a self imposed quiet period is good policy. If nothing else, it demonstrates that Spooz is not pumping the stock ahead of news, which is commendable. I am just shooting in the dark here, I don't know anything for a fact.
Another thing to consider...if there are big time negotiations with another company, an exchange, something of that nature, the other people may have insisted on a quiet period to prevent a lot of hysteria or perhaps to prevent yet another company from becoming interested and countering any proposals.
I know it is frustrating to some, but I personally prefer this to a string of fluffy PR's. Whatever is taking place, I say let them get it absolutely right before they unveil it.

All my opinion,

jc