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vegetto

10/16/12 4:22 AM

#20571 RE: silkyballer #20570

article on Corporate Quiet Periods

http://smallbusiness.chron.com/reasons-corporate-quiet-periods-20778.html

notice this:


When companies file paperwork with the U.S. Securities and Exchange Commission, it is customary for the applying company to enforce a status of silence. The quiet period is lifted once the paperwork is reviewed and accepted by the SEC. Contrary to popular belief, this quiet rule isn't an SEC regulation, but it is a common practice among the corporate community. One reason a company would file with the SEC is corporate restructuring. Before large-scale mergers or acquisitions may occur, the parent company must file with the commission.



i'm not making excuses for the company. however, i did all of a sudden stop receiving responses from doc newman. he's usually pretty good at responding. or maybe its just me :/