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Friday, 01/25/2013 2:11:32 PM

Friday, January 25, 2013 2:11:32 PM

Post# of 23476
FINRA/SEC is the LAW! Like it or not! All companies publicly traded on any United States platform both foreign and domestic are subject to the definitions and determinations of FINRA/SEC! Any company who does not comply with the rules of FINRA/SEC or who grotesquely misinterprets FINRA/SEC definitions is subject to FINRA/SEC determinations which could result in delisting of the company or worse... So, although the INDIVIDUAL INVESTOR is at liberty to define whatever he/she wants in any manner he/she chooses, LEGALLY, the only definitions of consequence are the definitions created and used (by FINRA/SEC) to DETERMINE whether or not any publicly traded company is lawful/unlawful in it's material representations/misrepresentations of itself, (the publicly traded company). Bottom line, FINRA/SEC is the law and it's definitions result in it's determinations. So, one should ALWAYS strictly adhere to FINRA/SEC definitions, (whether one is a publicly traded company or an individual investor... If one is an individual investor, one should ask themselves, "Is this company, by FINRA/SEC determination/definition operating legally?" BEFORE you invest. If one is asking oneself this question AFTER one has already invested in a company then they've risked too much too soon and may be too late to make good on their investment...