NanoViricides Inc. (NNVC)

[petekoz1]

At issue re quiet period may be whether NNVC's S3 filing is subject to old or new rules? Could be the 30 day quiet period begins after the SEC declares the S3 effective which would be 30 days before a stock offering. If so the quiet period has not yet begun.

”Packaged with long-awaited reforms making it easier for corporations to tap capital markets, the Securities and Exchange Commission on Wednesday adopted a measure expanding what companies may say to the public and to investors during the 30-day "quiet period" before a stock offering.

The rule, which has not been significantly revised since it was proposed in October, updates a 1930s-era regulation. Large, established companies get the most relief under the new rule, which permits them to tap markets at will and communicate freely.

With the new rule in place, "companies in registration can speak as often or as loudly as they like, while the liability provisions of the securities rules ensure that they are held accountable for any material misstatement that they may make," SEC Commissioner Roel Campos said at the agency's meeting.”

http://www.law.com/jsp/law/LawArticleFriendly.jsp?id=900005544231