InvestorsHub Logo
Followers 0
Posts 32
Boards Moderated 0
Alias Born 04/29/2010

Re: schwing09 post# 1780

Wednesday, 06/09/2010 4:10:56 PM

Wednesday, June 09, 2010 4:10:56 PM

Post# of 6256
I used to help do press releases for a public company. It does cost big money to do a release. And being a public company, posting on the website is not enough per SEC rules. You must post through the paid distributions. Plus, you have to pay a writer, plus pay a lawyer to review and approve, plus pay for the 8k filing. Also, per SEC, a company should beware of posting too many releases that are just fluff. Remember the pump and dump penny days? Quit bugging them for news so they can work on getting revenues and financing, then they can afford a public relations and marketing firm. I would rather them put their time into making deals than holding everyone's hands.