Bit of a contradiction, but I missed this the firs
Post# of 36566
(Total Views: 598)
Posted On: 06/26/2020 5:03:00 PM
Re: homerbedloe #17690
Bit of a contradiction, but I missed this the first time I read the Investopedia page:
"The quiet period begins when the registration statement is made effective and lasts for 40 days after the stock begins trading. Its purpose is to create a level playing field for all investors by ensuring that everyone has access to the same information at the same time."
So it appears that the S1 can be filed, but the QP doesn't take effect until it is made effective. That's a bit different from the first comment about the QP stretching from the time a company files reg paperwork...
Pretty sure Joe is playing this conservative, so whatever the requirements, I don't expect to see any communication from GNBT on the BARDA/CEPI apps until they are either granted or denied. We'll have to wait to see what Joe can and cannot say about NGIO on the July 10 CC.
"The quiet period begins when the registration statement is made effective and lasts for 40 days after the stock begins trading. Its purpose is to create a level playing field for all investors by ensuring that everyone has access to the same information at the same time."
So it appears that the S1 can be filed, but the QP doesn't take effect until it is made effective. That's a bit different from the first comment about the QP stretching from the time a company files reg paperwork...
Pretty sure Joe is playing this conservative, so whatever the requirements, I don't expect to see any communication from GNBT on the BARDA/CEPI apps until they are either granted or denied. We'll have to wait to see what Joe can and cannot say about NGIO on the July 10 CC.
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