Koil Energy Solutions Inc. (KLNG)

[adjpublic]

QUIET PERIOD:

“The federal securities laws do not define the term "quiet period," which is also referred to as the "waiting period." However, historically, a quiet period extended from the time a company files a registration statement with the SEC until SEC staff declared the registration statement "effective." During that period, the federal securities laws limited what information a company and related parties can release to the public.”
http://www.sec.gov/answers/quiet.htm


JOE:
Thanks for some great research. I think the origin of this is
when much more pumping used to take place. Lawyers when involved always advise the CEO not to speak. CYA. But, this
does not help transparency and if good news cannot be released
guess who this helps. Shorts have used this on IPO's especially
when officers have sold shares and have a lock up period. They
know shares will be sold after the 'lockup' so they can rumor
about dilution.

Seems everything favors the shorts today.

Hank