HUMMMM on a pump would people consider a CEO communicating through Facebook odd. Facebook allows comapnies to set up and individuals obviously. In this case the CEO is dircting people away fromthe company facbook group to his peronal account.
He then comminucates information to shareholders if they are "friends" only. The way it works is one must request the other to be a friend and the other must accept. The CEO can reject friends requests.
Wheter or not material information is being distributed through Facebook is debateable but this is selective disclousre I would think.
I realize social netowkring is becoming more prevalent but at this point I would consider the activity odd at best.
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