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Re: edward1981 post# 153804

Wednesday, 07/17/2019 4:23:23 PM

Wednesday, July 17, 2019 4:23:23 PM

Post# of 205105
Tweets are proof enough.
If not true, the company has committed blatant fraud.
Easy law suit and jail time.
SEC guidance recognizes all tweets by corporations as valid communication to shareholders/public.
There is no loophole for this.

SEC Says Social Media OK for Company Announcements if Investors Are Alerted

FOR IMMEDIATE RELEASE

2013-51

Washington, D.C., April 2, 2013 —
The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social media will be used to disseminate such information.

The SEC’s report of investigation confirms that Regulation FD applies to social media and other emerging means of communication used by public companies the same way it applies to company websites. The SEC issued guidance in 2008 clarifying that websites can serve as an effective means for disseminating information to investors if they’ve been made aware that’s where to look for it. Today’s report clarifies that company communications made through social media channels could constitute selective disclosures and, therefore, require careful Regulation FD analysis.

https://www.sec.gov/news/press-release/2013-2013-51htm

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