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."
Can anyone explain, "what's going on with these rumors and that BAM, registration thing, PLEASE. I've never encountered that BAM in 11 years of investing in pennies.