Tuesday, July 29, 2014 9:11:08 AM
They may be a private Company, and not have the intent of pump and dump, but with at least Peabody being an beneficial owner, and maybe more involved, it should be there to be safe. Hopefully no Wialan insiders are involved in that facebook marketing page.
A disclaimer would remove some red flags, and put all the cards on the table of their intent with that page, and disclose the beneficial ownership of Wialan shares by Peabody.
If they gag the Transfer Agent, look out for a Pump and Dump using that site.
"If you are not (and have not been for at least three months) an affiliate of the company issuing the securities and have held the restricted securities for at least one year, you can sell the securities without regard to the conditions in Rule 144 discussed above."
http://www.sec.gov/investor/pubs/rule144.htm
All posts are in my opinion only. My posts should never be taken as a recommendation to buy or sell any stock. Some opinions posted by me on this website or elsewhere on the internet could be due to uninformed or incorrect opinions based on actual facts.
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