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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Ham who wrote (11626)3/23/1999 4:29:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 15313
 
Hi Bill I believe you are right, but I don't have an answer for sure to that so hopefully someone else will post the correct info insight on your question.

Thanks in advance to whomever does it for the thread.

Regards,

Bill Fortune III



To: Bill Ham who wrote (11626)3/23/1999 5:29:00 PM
From: C Horn  Respond to of 15313
 
Quiet Period PRs

Bill, It is my understanding that
Press Releases can be issued during
the Quiet Period as long as they only
contain factual information and are
void of any "Forward Looking Statements"

CH



To: Bill Ham who wrote (11626)3/23/1999 6:49:00 PM
From: De Peepster  Read Replies (2) | Respond to of 15313
 
Dear Bill,
CHorn is correct. QPs do not restrict a company from releasing non QP related information. In fact one rarely reads of a QP on other exchanges for the simple reason that there is so much other biz going on. BB issues tend to announce them in an effort to put shareholders minds at ease while they work on that given item, albeit it does not mean in any way shape or form that other biz is not being conducted.
There is also a "fear factor" of smaller issues to not cross any lines that may irritate the powers that be. Providing the company has good representation this issue becomes moot.
Also for the sake of a well rounded post, some companies will hide behind the "wall" of a QP and use that as an alibi if you will to
deflect focus on missed target dates. AMB,, Barbara