I wouldn't know about SEC rules but I thought the IHUB rule was that the icon had to appear in posts about stocks that the person was being compensated for and didn't have to appear in others that they weren't being compensated for.
Seems to be just a wee bit to much sensationalism about all of this hey?
That bit about Lebed was overblown beyond belief, the kid was waaay overboard on the wordage in his postings, and that was ultimately what got him in trouble...was not about disclosure, disclosure was just what cinched the need to reel him in.
Funny thing is Lebed went on to continue in the business, and only got disgorged for a part of his take.
All this jawing over the likliehood or not of paid bashers does not take away the need for the rules to go both ways.
I know you yourself don't put a lot of faith in the idea, well none for that matter, and many others concur. But that is no reason for some folks to be discounting the simple possibilty that the element might actually exist, and certainly needs looking into.
Afterall if the general public is just expected to accept this "sasquatch" WITHOUT reasonable proof to that end, then we should all just stick our heads in the sand and forget all about the possiblity?
lol
I fully understand and have great respect for the hobby DD guy who digs up the bones and the dirt on the scam plays and brings it about for deliberation.
But there's a far less "brilliant" element all over the internet, doing real shoddy DD and propping it up to be the gospel, whilst Screaming SCAM!!!!! ALBEIT UNFOUNDEDLY
THAT element either needs to find a more constructive hobby, is out of their mind, of certainly up to something, only a complete moron would engage in without compensation.
Now I know your probably swimming in laughter at the very idea, and i thought gee what the heck, might as well contribute some verifiable info on one compensated basher, one of many i am sure pollute the airwaves. hehe
I give you AVI BASHER
3. COMPENSATION
Basher shall be compensated as follows:
3.1. FIXED SALARY
3.1.1. Basher shall receive a fixed monthly Gross Salary of NIS 31,970 (the "Gross Salary"), payable on a monthly basis. The Gross Salary shall be adjusted monthly to the Consumer Price Index (the "Index"). The Gross Salary shall be adjusted to the monthly increase of the last published Index (September 1996 Index-140.0), in comparison to the last published Index known at the time of execution of this Agreement.
3.1.2. It is hereby agreed by the parties that the Gross Salary adjustments according to the Index, shall be deemed to include any adjustments for Cost of Living Increase ("Tosefet Yoker") that apply to Basher as an employee, unless such adjustment to the Cost of Living Increase shall be higher than the adjustment to the last published Index in any given month, in which case the Index adjustments shall be in respect of the Tosefet Yoker alone.
3.2. BONUS
During the Employment Term, the Board of Directors shall consider granting Basher an annual bonus.
3.3. VACATION
Basher shall accrue paid vacation at the rate of 22 business days for each twelve (12) months of employment. Basher may not accumulate his vacation days for more than twenty-four (24) months of employment.
3.4. SICK LEAVE
Basher shall accrue sick leave at the same rate generally available to the Company's employees according to the provisions of the Sick Pay Law-1976 and subject to Basher producing the required medical certificates.
3.5. BENEFITS
3.5.1. During the term of Basher's employment, Basher shall be entitled to Manager's Insurance (Bituach Minhalim) in an amount equal to 15.83% of the Gross Salary, which shall be paid monthly to said Manager's Insurance Plan directly by the Company. The insurance shall be allocated as follows: (i) 8.33% in respect of severance compensation, (ii) 5% in respect of pension and (iii) 2.5% of the Gross Salary in respect of disability. An additional 5% of the Gross Salary shall be deducted by the Company from the monthly payment of Basher's salary as Basher's contribution to said Manager's Insurance.
3.5.2. The Manager's Insurance policy provided for Basher's benefit shall be registered in the Company's name. The contributions to the Manager's Insurance Policy shall be paid by the Company in lieu of any other legal obligation to make payments on account of severance or pension in respect of Basher's employment during the Employment Term. Should the provisions made for severance pay not cover the amount owed by the Company to Basher by law, then the Company shall pay Basher the difference, all in accordance with Israeli law. Basher's agreement to the last two sentences shall exempt the Company from the requirement to apply to the Minister of Labor and Welfare for an approval under Section 14 of the Severance Pay Law; however, should such application be deemed necessary,