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spokeshave

07/29/05 2:39 PM

#37046 RE: iamshazzam #37042

iamshazzam: Re: spoke, it is you, not I, who cannot seem to make a post without resorting to the inclusion of some sort of snide comment. It really don't seem necessary in an adult conversation.

If I include a "snide" comment, it is invariably directed at the company, not at an individual. It seems that many people cannot seem to understand the difference. My comment about the "marketing hire" is a perfect example. It was not directed at Cobra. It was directed at the company because they made a big deal about hiring this Chief Marketing Officer, and we only later find out through the grape vine that only a few months later, he is now working for another company.

As for the quiet period. You were the one providing all the expert advice about the quiet period and how long it would last.

Interesting how you accuse me of being snide, and in the next paragraph you say this.

Just to be clear, I am not an "expert" on quiet periods, nor have I ever proclaimed that I am. I merely expressed my *opinion* about how long the quiet period would last, based in large part on how long the last one lasted.

If you know the meaning of a quiet period, does it stand to reason that it would have to be over in order for them to release all the information from the meeting, or could they release all that information without violating the quiet period? Curious to see your response to this.

Yes, I know the meaning of a quiet period. In fact, the quiet period rules were recently relaxed to permit even more dissemination of information during the period. The company most certainly *could* release all of the information in the meeting without ciolating quiet period disclosure rules. From the SEC web site:

All reporting issuers are, at any time, permitted to continue to publish regularly released factual business information and forward-looking information.

I have a geniune interest in knowing if the quiet period is over. Once the registration statement is declared effective, the "investors" can begin selling shares. I would think that you, as a shareholder, would also be interested in knowing this.

Last year, the company made a public announcement the day after the quiet period was over. So far, they have no made any such announcement for this quiet period. People on this board have said it is over, but I would prefer to get that kind of information directly from the company.





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louis

07/29/05 2:40 PM

#37047 RE: iamshazzam #37042

Iamshazzam,

I think the reason the quiet period keeps coming up is someone said earlier last Friday (per Ray) that the quiet period is over. However, no SEC filing and nothing said at the annual meeting about it. Thus, from my perspective the quiet period is not over since the company has not said it officially and no one can confirm that the quiet period is over.

Louis