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Saturday, December 13, 2008 3:40:51 AM
"frogdreaming,"
Simply not true.
The restrictions that apply to Frudakis, Gabriel, Gomez, and others who are truly insiders, do not apply to me. I do not have access to material nonpublic information ("insider information.")
What I am subject to are _disclosure_requirements_, not at all the same as the restrictions you allege. If I should ever gain access to material nonpublic information, _then_ I would be subject to the insider trading restrictions. That is not, presently, the case. The rules that govern general participants in the stock market, are the rules that pertain to me, and I obey those rules.
I only mentioned the prosecution issue, in yet another attempt to make this simple matter clear to you. The insider trading restrictions are all backed by threat of prosecution, by the SEC. Where there are no such restrictions, there is no threat of such prosecution, and vice versa.
None of this is even remotely secret or arcane.
Please try to get a handle on the basics, here. This non-issue has already taken up more than enough of this forum's bandwidth.
Daniel Gannon
Portland, Oregon, USA
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