I spoke with a person at ACLH 20 minutes ago. NOT the IR person nor the receptionist. This person indicated that ACLH's attorney has instructed ACLH personnel not to say anything. He further stated that "there will be a PR when they have information that will be helpful to shareholders". This confirms my surmise that a "quiet period' is a legal strategy that will prevent possible further actions by the SEC. After all, it is ACLH's previous statements that are under scrutiny.
Maybe the attorney said, after the conversations with the SEC, "everyone now just STFU! There is NO upside in ANY of you communicating anything based upon recent communication 'events' ". That advice alone is worth whatever the attorney is charging ACLH!
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