RE:RE:BlackoutConcordia is a Canadian company - thus, OSC rules prevail (although I know SEC rules in this case are similar if not identical). Blackout Period is often interchanged with Blackout Period. But if I must clarify: OSC National Policy 21-201 Disclosure Standards, Section 6: "6.10 Quiet Periods. Observe a quarterly quiet period, during which no earnings guidance or comments with respect to the current quarter's operations or expected results will be provided to analysts, investors or other market professionals. The quiet period should run between the end of the quarter and the release of a quarterly earnings announcement although, in practice, quiet periods vary by company.47 Companies need not stop all communications with analysts or investors during the quiet period. However, communications should be limited to responding to inquiries concerning publicly available or non-material information." https://www.osc.gov.on.ca/en/SecuritiesLaw_pol_20020712_51-201.jsp Like I said, management can't materially speak.