Hemi Energy Group Inc. (fka HMGP)

[investorstallone]

The post WAS relevant if your goal was to make a highly suggestive statement that we are being illegally tipped off by Keith. Since you say that was not your intent though, the more appropriate excerpt should provide a litmus test for illegal communication with investors. According to the laws, information cannot be both “material” AND “non-public” when shared. The following would have been a fairer excerpt imo…

(There is also no mention of violation in regard to email or message boards in the entire document. Each case of violation is open to interpretation.)

“Other suggestions from commenters included providing more interpretive guidance about types of information or events that are more likely to be considered material. While it is not possible to create an exhaustive list, the following items are some types of information or events that should be reviewed carefully to determine whether they are material: (1) earnings information; (2) mergers, acquisitions, tender offers, joint ventures, or changes in assets; (3) new products or discoveries, or developments regarding customers or suppliers (e.g., the acquisition or loss of a contract); (4) changes in control or in management; (5) change in auditors or auditor notification that the issuer may no longer rely on an auditor's audit report; (6) events regarding the issuer's securities -- e.g., defaults on senior securities, calls of securities for redemption, repurchase plans, stock splits or changes in dividends, changes to the rights of security holders, public or private sales of additional securities; and (7) bankruptcies or receiverships.47
By including this list, we do not mean to imply that each of these items is per se material. The information and events on this list still require determinations as to their materiality (although some determinations will be reached more easily than others). For example, some new products or contracts may clearly be material to an issuer; yet that does not mean that all product developments or contracts will be material. This demonstrates, in our view, why no "bright-line" standard or list of items can adequately address the range of situations that may arise. Furthermore, we do not and cannot create an exclusive list of events and information that have a higher probability of being considered material. “

http://www.sec.gov/rules/final/33-7881.htm