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meanmikeca

08/15/08 12:56 PM

#107231 RE: pokestake #107230

why would the list of attendees be insider info?
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WarpCore61

08/16/08 8:38 AM

#107245 RE: pokestake #107230

pokestake, my decision to buy shares isn't being driven by any secret or insider information I've received from the company. I do read their press releases, the info contained in SEC filings, info available on their website, and info contained in various documents published by TAO. When I have questions about some of it, I fire off an email. I usually get a response within a day or two. Anyone is capable of doing what I do. Some choose not to, or assume that based on the previous history of this company and those running it, we can no longer believe anything from them. I guess that's their choice.

I share plenty of my opinions here. If I choose not to share everything, that's my choice. Pretty much everything I do share gets ripped to shreds anyway, and copied to Raging Bull where it gets ripped to shreds even more, since there are no rules of conduct there. I really don't care. There are a few individuals I choose to communicate with via private emails. If that somehow leads you to believe we are sharing secret insider information, I guess you should try to build a case with the SEC. I've kept all my correspondence with the company, so I'm not worried in the least. The company has been nothing but professional in their communication with me.

I guess the fact that someone who is in communication with the company is buying at these levels leads some to believe that person must be getting insider information. All I can say to that is "no risk, no reward".

I have said this before, but apparently it continues to fall on deaf ears. The company can't release every tidbit of information via a press release. Press releases do in fact cost money. If someone asks for more details than what was released, the company can answer those questions as long as it doesn't violate disclosure rules. What's wrong with the company answering an investor's informed questions? Should the company issue a new press release with the additional information every time an investor asks a question, so they are sure everyone has that information? Or maybe you think their press releases should be 25 pages long so they are sure they disclose information on every conceivable question an investor could possibly answer. Or maybe the company IR department should they simply do their job and answer investors questions to the best of their ability, while complying with disclosure rules. What makes the most sense to you?

I think some of the expectations here about what needs to be disclosed in press releases is ridiculous. It seems many investors want everything handed to them in a press release, so there's no reading between the lines, no putting various pieces of the puzzle together, and no risk whatsoever in choosing to invest. Sorry, but the world doesn't operate that way.

Respond if you want, but I'm done with this discussion. I think it's time to take a vacation from this board. Good luck to you.





...and on the 7th day, God turned off his Macintosh.