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Re: SteppingStone post# 70016

Saturday, 05/29/2010 10:34:00 AM

Saturday, May 29, 2010 10:34:00 AM

Post# of 157003
"who has material nonpublic information" would mean a trade based on insider information. We all know that is a no no. Maybe it is Ok for an employee to buy sell as long as it is not based on insider information?"

That is exactly correct. Think of all of the employees over the years who've, often unwisely, had much of their 401k in their own company's stock. They all are bound by the constraint quoted above.

The clause in the contract is a standard warning that one could find in most employee manuals and 401K guidleines. Every Ambassador can confirm that we hear nothing in a training session that can be contrued as insider info nor do we receive any email communications with insider info.

Whatever reservations you may have about the Ambassador contract, the insider trading pro forma warning should not be one of them.

Unless you have larceny in your heart in which case you'll trip yourself up regardless of warnings and in ways not limited to just insider training!

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