Thursday, January 24, 2008 1:50:06 PM
I thought I heard mention that Gabriel had said there would be a "sient period of 90 days while financing was undertaken, which would mean supposedly that something was in the works. But here is a qoute from other companies:
"In order to prevent the leakage of financial information and provide fairness to stockholders, the company has instituted a silent period" commencing 21 days before year end..etc, etc
" The company has implemented a silent period which will take place 14 days prior to the first quarterly financial reports of 2007, and will engage a policy of the suspension of all corporate board meetings, manager meetings, and communication with stockholders and the news media...."
I guess it makes it easier to track down a leak in the company if somene lets insider news out or uses it to gain an advantage. Don't know if DNAP is in a silent period. You can take the non-response from "Louise" in several different ways. The last thing you want is somebody or something messing with your SEC process while awaiting approval on financing or stock/company restructure(which DNAP is doing), especially when it appears you have some rivals out there.
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