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Re: cuttycutts post# 61947

Monday, 12/01/2014 2:14:02 PM

Monday, December 01, 2014 2:14:02 PM

Post# of 107227
That is public dissemination of material information before a press release a/k/a "release of insider information" and is illegal. The fact they do not give details is not the issue. The fact that they state it's a multi-million dollar deal concerning a company with no sales makes it a material event.

The SEC just created a special social media division in order to combat and hold companies accountable for illegal activities like this.

Looks like pure desperation!
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