Replies to post #52220 on International Consolidated Companies Inc (INCCD)

[Deep6]

What about tweets and the SEC?

...disclosure of material, nonpublic information on the personal social media site of an individual corporate officer — without advance notice to investors that the site may be used for this purpose — is unlikely to qualify as an acceptable method of disclosure under the securities laws. Personal social media sites of individuals employed by a public company would not ordinarily be assumed to be channels through which the company would disclose material corporate information.

http://www.sec.gov/News/PressRelease/Detail/PressRelease/1365171513574#.VLYJgqacyLk

This article gives a good example (netflix), how a stock can run from a tweet posting. Even though there is a twitter link on INCC's website, many investors might miss the pop in price and the opportunity to buy if they were waiting for official P/R news instead of tweets. Not sure how the SEC will handle social media and stocks? Not an easy item to regulate. They might just have to turn off the internet, after all, they created it!! :-)