Wednesday, October 02, 2019 8:27:19 PM
And it doesn't matter one iota of the audience is "informed investors" - whatever that BS means.
I suggest Mexus consult someone who has even a little knowledge of securities laws and regulations. Perhaps a member of the Board of Directors? Oh, wait - there isn't one. Perhaps the CFO or Corporate Secretary? Oh, wait - there aren't either one of those, either.
So I guess perhaps PT should read the law for himself. Note the "person acting on its behalf" clause. That person does not need to be an employee or paid consultant, BTW.
https://www.sec.gov/rules/final/33-7881.htm
:Regulation FD (Fair Disclosure) is a new issuer disclosure rule that addresses selective disclosure. The regulation provides that when an issuer, or person acting on its behalf, discloses material nonpublic information to certain enumerated persons (in general, securities market professionals and holders of the issuer's securities who may well trade on the basis of the information), it must make public disclosure of that information. The timing of the required public disclosure depends on whether the selective disclosure was intentional or non-intentional; for an intentional selective disclosure, the issuer must make public disclosure simultaneously; for a non-intentional disclosure, the issuer must make public disclosure promptly. Under the regulation, the required public disclosure may be made by filing or furnishing a Form 8-K, or by another method or combination of methods that is reasonably designed to effect broad, non-exclusionary distribution of the information to the public."
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