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Re: directorX post# 22370

Wednesday, 04/20/2011 10:35:57 PM

Wednesday, April 20, 2011 10:35:57 PM

Post# of 43903
Evcarco has a pending registration statement filed on July 27, 2010 and amended on August 3, 2010 which has not been approved.

So is it safe to say the quite period has nothing to do with financing or Dezer…EVCARCO had no contact with DEZER, that anyone now or before knew of by all indications, in the period July 27, 2010 - August 3, 2010 and the 100M financing conversational possibilities didn’t start in general terms until Feb 2011 ...I have a feeling the quite period is not what everybody thinks, but who knows right? It depends what the definition of "IS" is....Either way I thinks you gots longer to wait...much longer


SEC Response - File HO::~00130385~::HO [ ref:00D3JxQy.5003Dl2AB:ref ]
Priority: Normal Date: Wednesday, April 20, 2011 8:28 PM Size: 5 KB
Thank you for contacting the U.S. Securities and Exchange Commission . You ask about what is known as the "quiet period" after an initial public offering (IPO). The quiet period is also referred to as the "waiting period." Both terms are not defined under the federal securities laws. Please note that the quiet period extends to both before and after the IPO.

The quiet period occurs from the time a company files a registration statement with the SEC until SEC staff declares the registration statement "effective." In this is particular case, Evcarco has a pending registration statement filed on July 27, 2010 and amended on August 3, 2010 which has not been approved.
During this period, the federal securities laws limit what
information a company and related parties can release to the public. For more information, see our Fast Answer at www.sec.gov/answers/quiet.htm.



So is this quite period for an IPO?

Both terms are not defined under the federal securities laws. Please note that the quiet period extends to both before and after the IPO.

The other quiet period begins after the registration statement becomes effective and during trading after the initial public offering (IPO). This period lasts for 40 days applying to, for example, underwriters involved inthe IPO.
Specifically, the NYSE and FINRA rules impose quiet periods that bar a brokerage firm that acted as manager or co-manager of a securities offering from issuing a report on a company within 40 days after an IPO or within 10 days after a secondary offering for an inactively traded company.


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