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fluke321

02/11/08 7:13 PM

#15897 RE: fluke321 #15896

Got this off of Yahoo too

I have spoken with the law firm retained by IA and they did all they could do under the circumstances, which was to confirm they have been retained by IA to help with the acquistion of the outstanding shares of NSOL.

The law firm is the real deal; they are a firm that specializes in M&A activity and would not take bogus clients. This, combined with the confirmation of the money holder, et al, indicates this is a deal that will be completed. The announcement today should confirm that NSOL will likely go into a silent period, as is typical of companies during the final phase of an acquisition. They are not hiding, it is what is required.

Whether it is short sellers or fools running scared for having placed money they could not afford into a penny stock, the deal will go through. Too many legitimate entities have touched it for this to be a fraud. The only potential issue for the deal would be some heretofore undisclosed material problem. And, there is no one on this message board that would know about that...so sit still or not...but stop the foolish speculation.

MorningLightMountain

02/11/08 8:09 PM

#15898 RE: fluke321 #15896

"""The federal securities laws do not define the term "quiet period," which is also referred to as the "waiting period." However, historically, a quiet period extended from the time a company files a registration statement with the SEC until SEC staff declared the registration statement "effective." During that period, the federal securities laws limited what information a company and related parties can release to the public."""

so, until there is a filing, there is no "official" quiet/waiting period, and the Co and insiders can do "business as usual"...also, today's PR only said they were "considering the possibility", typical noncommittal, open-ended statement.....

"""Company management is also considering the possibility of entering into a quiet-period."""

Feb 15th coming soon.....