Another company I’m invested in is actually legally going after people spreading lies and slander on social media and message boards.
How is the Company addressing commentary on message boards, social media, etc.
In addition to our current litigation, the company has initiated steps to pursue purveyors of lies and libelous comments about the Company and members posted on online investor boards and similar social media outlets. Rather than just negative comments, many of these statements are outright lies intended to negatively impact the Company’s share price, volume and other important and material parts of the business. Thankfully US law and data exchange legislation in other jurisdictions will enable us to directly address these individuals or organizations. Previous caselaw enables much of this information collection and patterns between trading and commentary are fairly easy to match up with a few data points.