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  4. Baltia Air Lines Inc (BLTA) Message Board

We know quiet periods are not defined by the SEC.

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Post# of 41414
(Total Views: 337)
Posted On: 11/09/2017 4:21:52 PM
Posted By: USGL investor
Re: FlyUSGL2017 #37858
We know quiet periods are not defined by the SEC. It is a procedure companies have used for years to help comply with Fair disclosure regulations. Not required by the SEC but instituted by companies themselves to basically cover their behinds if someone claims insider trading. And the exact term the company used in my communications with them about 1 month ago. Could be they were expecting an SEC filing at the time. I think we all were. One way or the other that's why we have not heard a word. Were all on the same team here. I have probably been more involved prior to the quiet period but things change as companies get bigger and more lawyers get involved. We had a great day today with luncheons and friends sorry for getting back so late.


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