Remember...anyone that is compensated with cash or shares by the company or third parties for stock promotion is required to provide details and a disclaimer in their posts, per IHUB rules.
Not insinuating anything....just mentioning it. Also, insiders and investors need to be aware of the pink sheetds warning on trading pink sheets stocks based on insider info, sometimes "leaked" purposely by certain CEO's or others by email, fax, or other telecommunication methods.
Here is the warning....applies to many pinks sheets co's, and is posted here because we were seeing (at times) certain posters allegedly posting certain info purportedly from the CEO obtianed through phone calls or emails. This info appeared to me to be material, non-public information spread on message boards.
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INSIDER TRADING WARNING
This company may not be making material information publicly available.
If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.
What is insider trading?
Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security.
Rule 10b5-1 provides that a person trades on the basis of material nonpublic information if that person is "aware" of the material nonpublic information at the time of the purchase or sale.
Affiliates, insiders, relatives, or other persons in possession of material information should use extreme caution when buying or selling securities on the basis of material information, particularly in securities where the company is not making adequate current information publicly available as a matter of practice.
