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Re: Slater1 post# 58362

Thursday, 05/10/2012 10:17:31 AM

Thursday, May 10, 2012 10:17:31 AM

Post# of 113940
MMTC ~ The notice of effectiveness is a public declaration by the Securities and Exchange Commission that a public company's registration statement has been accepted.

For shares in a public company to trade on the open market they must be registered by the company. These registration statements are reviewed by the Commission for a period of time before approval is given, and this notice marks the successful completion of this review process.


IMO


Here is the Link: http://answers.yahoo.com/question/index?qid=1006053006343

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