Replies to post #12206 on Right On Brands Inc (RTON)

[bucks2pennies]

Generalities is what I invest in. Specifics are nice but at my age, getting a 'feel' for things is the side my butter is on. Direction or trend is what I watch. Of course SEC compliance is the upmost importance to me for any company I attach to. Been burned by SEC, having been there has enlightened me. A lesson hard earned but worth it in the long run.

Putting that aside, generalities play an important part when NOTHING out side of that are present. Questions asked with a general response is not a bad thing. Intricacies are the business of the business itself. Knowing in general terms where the company's heart is gives substance. Short of facts true, but the CEO's willingness to respond if only generally is a step in the right direction.

Many new peeps will take that as confidence. Confidence gives the fence walkers all they need to jump off and make a commitment in buying shares. Buying shares is where its at....need to buy before you can sell.

Let the trade begin!

[beer$$money]

SEC Says Social Media OK for Company Announcements if Investors Are Alerted


The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social media will be used to disseminate such information.

The SEC’s report of investigation confirms that Regulation FD applies to social media and other emerging means of communication used by public companies the same way it applies to company websites. The SEC issued guidance in 2008 clarifying that websites can serve as an effective means for disseminating information to investors if they’ve been made aware that’s where to look for it. Today’s report clarifies that company communications made through social media channels could constitute selective disclosures and, therefore, require careful Regulation FD analysis.

“One set of shareholders should not be able to get a jump on other shareholders just because the company is selectively disclosing important information,” said George Canellos, Acting Director of the SEC’s Division of Enforcement. “Most social media are perfectly suitable methods for communicating with investors, but not if the access is restricted or if investors don’t know that’s where they need to turn to get the latest news.”

Regulation FD requires companies to distribute material information in a manner reasonably designed to get that information out to the general public broadly and non-exclusively.

https://twitter.com/RightOnBrands/with_replies

It is intended to ensure that all investors have the ability to gain access to material information at the same time.

https://www.sec.gov/news/press-release/2013-2013-51htm