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Re: TTommy post# 2028

Sunday, 09/29/2013 9:31:26 PM

Sunday, September 29, 2013 9:31:26 PM

Post# of 54998
TTommy...for FINRA and S.E.C ... "public" as in "public disclosure to shareholders" ... is NOT "public is public"

"Public Disclosure" is a legal term... Speaking alone at ASM IS NOT PUBLIC...

CEO speaking "in public" at ASM is not "public disclosure" for the purpose of disseminating material information and would be a violation of the law.

It is precisely why you have counsel at ASM...to make sure the company does not step over the line...and give info to a "few" (who attend)...It would have been different if XXUU filed 8K with SEC right before the meeting...or posted info on Web site for entire investing community to see. Then speaking at the meeting on new info would have been fine.
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