uncxman...The "Quiet Period" refers to the period following the filing of a Registration Statement. DNAPrint filed the registration statement in connection with the Dutchess funding. Officially, it was the S2 filed back in October 2004 in regards to the public offering of DNAPrint shares to complete that deal.
The SEC doesn't approve or disapprove the filing perse. When their review is complete, they will declare the registration "effective".
A quiet period lasts at least 20 days following the initial filing or until it is declared effective. DNAPrint has filed two amended statements (Forms S2/A), so it is difficult to say when the quiet period will end. All we know for certain at this point is that the registration is not yet effective.
You've seen the form 4's and form 5's, and now the 13G's filed. Just yesterday there was a form 4/A (amended form 4). Those are undoubtedly due to questions coming back from the SEC.
In essence, they are cleaning up old questions regarding the disposition of Frudakis' shares, Vicki Cook's shares, etc. Those additional filings are all resulting from the SEC review of the registration statement.
So the short answer is that the Quiet Period will end when the registration is declared effective. And it will be declared effective when the SEC is satisfied that all the I's have been dotted and T's crossed.
Hope this helps.
Later,
W2P
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