InvestorsHub Logo
Followers 171
Posts 4222
Boards Moderated 0
Alias Born 10/16/2006

Re: Capt.Billy post# 24067

Saturday, 10/02/2010 12:36:34 PM

Saturday, October 02, 2010 12:36:34 PM

Post# of 41960
CB,
\
personally I'd MUCH rather you say you had a good day than say much more. For two reasons. First, as you already stated, the safety issue. Having "a" navy inspector on board wouldn't be much protection if a band of 15 pirates came at you. I don't consider that much protection. Secondly though, and this is an area you aren't as involved in, you need to be careful that you are not accidentially breaking SEC rules about disclosure. If you put something on a boad like this, and not in what the SEC would consider a public forum, it could be construed as giving insider information to the few that read this board. Better to let an official release be made when you hit something big.

Yeah I know. SOmetimes I'm the cold rain on your parade. But I always think of the legalities of the things done, and don't want the SEC to come down on the company now, after we are finally getting somewhere positive. It's bad enough that the past shows a trend that whenever positive news is released that the company immediately sells into the news and increases the float. You don't want to get into trouble too, for yourself, for disclosing things you shouldn't on this specific forum.

Just my thought. smile

BUT ... saying it was a good day - or even a GOOOOD day, is vague enough and something an employee should be able to say without divulging anything that would cross any lines. (Again - just my opinion,and I am NOT an attorney, so don't take that as legal advise. lol)