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Re: 1Claudio post# 407726

Thursday, 10/30/2014 3:51:36 PM

Thursday, October 30, 2014 3:51:36 PM

Post# of 727288
I suggest you and others read up on Regulation FD (fair disclosure). A company insider cannot provide any material information verbally to an individual shareholder or any other outsider. Everything must be published in writing first, and then - once the info is out there - management can discuss it in a CC to which all are invited to dial in.

I know that many who invest in penny stocks have become accustomed to overly chatty management who regularly violate Regulation FD. So I absolutely understand why Mr. Smith really did not provide you with any new information. I avoid companies with managers who act like promoters. I - for one - think Smith acted professionally (and in compliance with the law).

The one thing that shareholders should be requesting is a quarterly CC to discuss what is in the the filings that have been made.


Any legal analysis I post may not be relied upon by anyone for any
purpose. If you want legal advice you can rely on, hire a lawyer.
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