Let me address each of your questions. I don't think the SEC would give MS a pass if he passed along misleading or wrong info on a blog. The SEC made it clear in their rulings since Netflix's use of their CEO blog that such use of a blog can constitute be subject to SEC enforcement if not made properly
second, 5bn shares is only $1.5m at today's price. If MS is serious about developing a market in Korea for D-20 he will need most of those shares to build out the infrastructure and the distribution channel. Having worked in and around the Korean market for over 30 years it is a very expensive distribution market to operate in (much akin to the Japanese system). For a foreign company such as ECOS to penetrate it will take real moey to build out a channel.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.