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clawmann

11/11/05 2:05 PM

#43886 RE: saskwatch #43882

Saskwatch: Right on.

On one of your points (not wanting to screw the BSDS shareholders by letting the price go to $1), I posted this - about self-imposed quiet periods - in post 43783:

"Second, a company may also impose upon itself a quiet period if it determines that the release of material information would damage its ability to conclude a deal. (And there are clearly many deals that NEOM is working on). Here is a blurb from a disclosure manual on this:

'In certain circumstances, the Company may determine that such disclosure would be unduly detrimental to the Company (for example if release of the information would prejudice negotiations in a corporate transaction), in which case the information will be kept confidential until the Company determines it is appropriate to publicly disclose. In such circumstances, the Company will cause a confidential material change report to be filed with the applicable securities regulators, and will periodically (at least every 10 days) review its decision to keep the information confidential.'"


BTW, anyone who uses the verb "opine" is ok by me.





pennyheaven

11/11/05 2:07 PM

#43888 RE: saskwatch #43882

It was Zacked who said Nov. 15. He is the man.