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bjl

10/05/14 8:31 PM

#8455 RE: kyallen #8453

The following is from the SEC web site;

The SEC staff reviews 10-Ks and may provide comments to a company where disclosures appear to be inconsistent with the disclosure requirements or deficient in explanation or clarity. The Sarbanes Oxley Act requires the SEC to review every public company’s financial statements at least once every three years. The SEC staff may review the 10-Ks of certain companies more frequently.

It says the SEC may or may not review the 10k so I would think the quiet period would be done with once the audited fins, 10k are filed, but I do not know for sure.

PGCX