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Re: LC Invest post# 14721

Friday, 01/26/2007 12:51:48 PM

Friday, January 26, 2007 12:51:48 PM

Post# of 49486
There's no law against issuing a PR without the disclaimer, but the "safe harbor" language is meant to warn investors of "forward looking statements."

For instance, if I issued a PR for my investors stating, "We opened a checking account at Citibank with $250 and they provided an ATM card," that's a fact that doesn't need to be qualified as a forward looking statement.

If I issued a PR saying, "We applied to Citibank for a loan and we anticipate it will be approved." That's a forward looking statement and I better have placed a disclaimer on it in case the loan isn't approved.


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