Monday, June 16, 2014 1:59:04 PM
In order for the directors to cover everyone off they did up a black-out ruling to cover off "all parties connected to VPLM" no one was left out re seeking best interests of the co and the collective shareholders ... translation no favortism whatsoever as its better to be safe than sorry hence why black-outs can be and are so sweeping as to who can be included. If its good for the goose its good for the gander. Some peole on this site like sunspotter refuse to accept that igven harping about insiders able to sell. IMPOSSIBLE in a Black Out. Also I suspect that a notice to all the brokerage houses, transfer agents identifying everyone and anyone to ensure the best interests of shareholders is standard procedure ... hence black-outs by a Co. chairman can be extremely sweeping and can go to not just key internal staff, BoD, employees, also key consultants and large shareholders but also to accounting, legal, possibly advisory or closely connected brokers, their firms, transfer agents, as well. Tom Sawyer is a man of integrity and he likely covered it all.
It is an exercise in safety and precaution against leaks and stopping people from possibly being stupid acting in the market to the possible detriment of themselves besides VPLM. This balck-out is another example of the beenfits of the porfessionalism of having people like Messrs. Sawyer-Tucker-Candy involved.
I would expect that any complaining as a result of parties being included under the black-out confirmed to the directors exactly why and who they included if any complaints did arise.
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