It's only illegal insider information if he acts on it and/or tells others and they buy based on the info. If meatball and his friends do not buy one share until after the PR hits he's fine, if he buys shares before it hits he could be in big trouble. But then again, in pinky world the SEC really doesn't care unless you do something majorily bad, otherwise half the CEOs running pinks would already be doing life in jail based on the illegal things they do to scam the unsuspecting public.IMO