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Re: flaflyersfan post# 14648

Wednesday, 01/30/2013 1:57:01 PM

Wednesday, January 30, 2013 1:57:01 PM

Post# of 43061
Thanks Razor for posting the facts from the SEC web site. Some here like to "jump the gun" without understanding the facts first.

Quiet Period

The federal securities laws do not define the term "quiet period," which is also referred to as the "waiting period." However, a quiet period extends from the time a company files a registration statement with the SEC until SEC staff declare the registration statement "effective." During that period, the federal securities laws limit what information a company and related parties can release to the public. The failure to comply with these restrictions generally is referred to as “gun-jumping.”

This is from the sec website.
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