Replies to post #86485 on Sino Agro Food Inc (fka SIAF)

[TrueTrades]

Exceptional! This board definitely brings a touch of class to iHub.

Insider rules exist to protect us shareholders and level the playing field. So he cannot buy stock from us in the open market for the benefit of some sports club while in possession of material non-public information. The rules still apply. But I don't think the SEC will use medieval torture techniques on him should he have some superior knowledge since he doesn't benefit from this transaction personally.

He CAN buy stock for the club while in possession of NPMI. He just had better not SELL it within 6 months! That's the no-no that would start the investigation. How could (certain) insiders not be privy to NPMI at almost all times? Every insider transaction is done with the same purpose for capitalization/avoidance that any other is. Yeah, Mr Sandberg can use my finger if he needs! :-)
§SIAF