"""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.....