SiNtx Technologies Inc (SINT): I've read enough meaningless talk on ins...

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TennisStar

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Saturday, 08/13/2016 2:22:14 PM

Saturday, August 13, 2016 2:22:14 PM

I've read enough meaningless talk on insider transactions

Insiders have made a decision to not purchase, period. Insiders have chosen not to take stock in lieu of bonuses and salary compensation, period. Yes there are specific SEC laws governing insider transactions - Sarbanes-Oxley, Dodd-Frank, U.S. Code § 78 etc. Baring company employees, execs trading on negative material news such as selling prior to FDA decission (ImClone), not making open market purchases or accepting stock in lieu of compensation is a decission 100% based on the BOD and company execs. Additionally execs can also legally short their stock through hedging.

If there are company employees or execs lurking, let's see some Form 4's and prove everyone wrong.

http://www.streetinsider.com/dr/news.php?id=11335054

http://www.law360.com/articles/674725/best-practices-for-drafting-insider-trading-policies