InvestorsHub Logo
Followers 300
Posts 12037
Boards Moderated 6
Alias Born 02/02/2014

Re: threewheeler post# 47389

Wednesday, 02/08/2017 1:44:47 PM

Wednesday, February 08, 2017 1:44:47 PM

Post# of 54222
Correct - the SEC has stated that social media updates are acceptable ways of updating shareholders provided it is made clear by the company where to look. $CRTC does this by having all the links to it's multiple social media sites prominently displayed on it's website.

The use of Twitter represents a significant cost saving over the use of formal PRs for every update.

In addition, iHub has long ceased to be the center of the trading universe for OTC stocks. Many of the full-time whale traders with a large following use Twitter to alert followers to updates from the companies immediately and to highlight important changes on Level 2 / trading action - especially useful for those trying to trade from work or college.