Saturday, June 20, 2009 12:42:07 PM
...Regulation FD would require that when an issuer intentionally discloses material information, it do so publicly and not selectively. The company may make the required disclosure by filing the information with the Commission, or by another method intended to reach the public on a broad, nonexclusionary basis, such as a press release. When selective disclosure of material information is made unintentionally, the company must publicly disclose the information promptly thereafter.
Fact Sheet: http://www.sec.gov/news/extra/seldsfct.htm
The question is...Can Mr. Sulja's informal responses to a local reporter...given the impromptu circumstances of the interview and the reporter's prior reportage re; SLJB...be regarded as an 'intentional disclosure of material information to shareholders'?
In a word...NO. The claim is bogus.
U.S.C. 223(h)(1) sez U can't annoy, abuse, threaten, or harass anyone on the Net & elude punishment for same.
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