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Re: microcaps1 post# 74005

Monday, 06/11/2012 3:20:33 PM

Monday, June 11, 2012 3:20:33 PM

Post# of 91121
Does that still apply when a CEO is indicted for bribery and has SEC and DOJ charges against himself and the company? I thought that responsible CEO's would make a statement of reassurance to shareholders in that case, but I guess I'm wrong??

NDA's are common business practice as businessmen know-esp when 2 co's are forming a relationship and Bao didnt want competitors to know there was ore in Baja-CWRN is 1st to mine such-let alone about CWRN

NDA's continue to be used for other applications also

REASON for fewer PR's-likely NDA w Bao who has stiff competition w other steel co's and didnt want them to know about Baja or CWRN until Bao was secure in an exclusive relationship w CWRN-so Apr 13 PR was 1st to publicly acknowledge(in a PR and begin to unveil that relationship

mining is so secretive that when 1 mining co opened books in desperation to get other co's help before it went bankrupt that sent a shockwave thru the mining community-I posted independent article several times
I've seen in other co's quarterlies statements that financials were being withheld during the time frame of an NDA

Non-disclosure agreement
From Wikipedia, the free encyclopedia


A non-disclosure agreement (NDA), also known as a confidentiality agreement (CA), confidential disclosure agreement (CDA), proprietary information agreement (PIA), or secrecy agreement, is a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to or by third parties. It is a contract through which the parties agree not to disclose information covered by the agreement. An NDA creates a confidential relationship between the parties to protect any type of confidential and proprietary information or trade secrets. As such, an NDA protects nonpublic business information.

NDAs are commonly signed when two companies, individuals, or other entities (such as partnerships, societies, etc.) are considering doing business and need to understand the processes used in each others business for the purpose of evaluating the potential business relationship. NDAs can be "mutual", meaning both parties are restricted in their use of the materials provided, or they can restrict the use of material by a single party.