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Re: MARKETEDGE post# 122224

Monday, 01/12/2009 9:39:49 PM

Monday, January 12, 2009 9:39:49 PM

Post# of 217740
It's all about transparency and I believe that the IRP program is not even scratching the surface of disclosure

True. If you will pardon the expression, Rome was not built in a day.

In my opinion, the IRP program was started as a "regulatory" influenced purpose due to items relating to some past investorshub members activities.

Not really. The regulatory requirements apply to the posters who are subject to regulations; that a matter of fact irrespective of the IRP program. Our objectives were many and to varying degrees, but most importantly it was to promote visibility, or transparency if you prefer, for users who are reading posts subject to regulatory disclosure.

As OTCBB market volume fell off a cliff last year the proliferation of "mom and pop" promoters exploded, with relatively few disclosures being made. There were "professional" promoters failing to make adequate disclosure as well. Some of those who were making a disclosure did so in a way that was more about promoting themselves (advertising) than it was about making their disclosure. The IRP program is an attempt to address those issues, among others.
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