Which part was inside information? He is their PR guy. If people have concerns about issues like, "why did you conduct an offering with such lame terms," he can answer those questions to the extent he is allowed under law, IMHO. Otherwise there is no need for public relations. The concept is, you can't always write a PR that will answer every conceivable question, so the PR guy takes the phone calls and answers questions that are important to each investor. I'd prefer conference calls.