That is bullshit in terms to what MYEC and now seergate are doing on FB. Yes, the SEC said social media is okay for announcements, but only if the following criteria is met:
- investors have been alerted about which social media will be used to disseminate such information
Please show me where Ed Starrs has announced that the Seergate FB page will be used to alert investors. It doesn't exist, so he is breaking Regulation FD. Prove me wrong by posting the alert.
Also, by deleting messages quickly, he is breaking FD there too.
Oh yeah, Ed also lives in a home bought and owned by MYEC, a POS penny stock that has also broken the law by not updating their corporate name with FINRA
POS
EDIT: LMFAO, randomly posting on a new POS FB page regarding Nigerian deals is not an alert. YOU HAVE TO ALERT INVESTORS
I have more opinion, normal and legit companies do not use public media to report financials, while scam companies ONLY use whatever deletable media to report financial...... please notice the words ONLY and deletable.