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Re: User336447 post# 269810

Tuesday, 06/17/2014 2:46:20 PM

Tuesday, June 17, 2014 2:46:20 PM

Post# of 312015
Well, that would be highly suspect, and it happens in construction circles I am told. Never witnessed it personally. But Mr. Zecca could influence the County to buy JBI processors and in return be rewarded with a plum position at JBI yes.

That is not insider trading. Insider trading is trading on the basis of insider information, which is supposed to be disseminated to the market in an orderly fashion. A processor sale would be exactly that. And any "insider" at the customer would have that insider knowledge. From an ethical point of view, enforced by the company's ethics agreements, they are bound to secrecy. An insider is any c-level executive or high-level executive involved in deals of this nature.