Replies to post #41442 on Biocentric Energy Holdings, Inc. (BEHL)

[Gwest]

Nothing is guarenteed in life. Tomorrow is not promised. So the news is speculative until it is released

[BigCat]

No Sir. Last Night.

[Gwest]

Greedy I am here the one your accussing for some illegal act. Talk to me you seem to have a legalistic mind.

[cjstocksup]

My last reply to you, yes I do know a lot more than you about insider trading etc. I used to handle investments for a living back in the 80's, retired and have only done my own on and off over the last 10 years. Now we have had in several PR's contracts related to Asia and China mentioned. Mongolia is there! Look it up on your map! It is just like he mentioned contracts in the US so any city or state in the US is in the US. No insider information whatsoever. Now back to team BEHL business fellow longs, we are looking solid, whoever is on the bid today was absorbing at .048 then moved up to .0485 and is still absorbing. He has taken a lot of shares if you look them up, he obviously knows what he is doing or if it is a group they know what they are doing. We have so much news to look forward to once the first large contracts start flowing, IMO the last one from the VAR at $250,000 is large and we know that system is set up for many more to come, the VAR program is a perfect way to have someone else bring us in a lot of money. I can think of at least 10 huge PR's that we will be getting and who knows about all of the surprises ahead.

[500_and_Long]

Do you just make this stuff up as you go along... relate the law to the information you are trying to talk about LOL here is a link from the SEC
http://www.sec.gov/answers/insider.htm

Insider Trading
"Insider trading" is a term that most investors have heard and usually associate with illegal conduct. But the term actually includes both legal and illegal conduct. The legal version is when corporate insiders—officers, directors, and employees—buy and sell stock in their own companies. When corporate insiders trade in their own securities, they must report their trades to the SEC. For more information about this type of insider trading and the reports insiders must file, please read "Forms 3, 4, 5" in our Fast Answers databank.

Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security. Insider trading violations may also include "tipping" such information, securities trading by the person "tipped," and securities trading by those who misappropriate such information.

Examples of insider trading cases that have been brought by the SEC are cases against:

Corporate officers, directors, and employees who traded the corporation's securities after learning of significant, confidential corporate developments;

Friends, business associates, family members, and other "tippees" of such officers, directors, and employees, who traded the securities after receiving such information;

Employees of law, banking, brokerage and printing firms who were given such information to provide services to the corporation whose securities they traded;

Government employees who learned of such information because of their employment by the government; and

Other persons who misappropriated, and took advantage of, confidential information from their employers.
Because insider trading undermines investor confidence in the fairness and integrity of the securities markets, the SEC has treated the detection and prosecution of insider trading violations as one of its enforcement priorities.

The SEC adopted new Rules 10b5-1 and 10b5-2 to resolve two insider trading issues where the courts have disagreed. Rule 10b5-1 provides that a person trades on the basis of material nonpublic information if a trader is "aware" of the material nonpublic information when making the purchase or sale. The rule also sets forth several affirmative defenses or exceptions to liability. The rule permits persons to trade in certain specified circumstances where it is clear that the information they are aware of is not a factor in the decision to trade, such as pursuant to a pre-existing plan, contract, or instruction that was made in good faith.

Rule 10b5-2 clarifies how the misappropriation theory applies to certain non-business relationships. This rule provides that a person receiving confidential information under circumstances specified in the rule would owe a duty of trust or confidence and thus could be liable under the misappropriation theory.

For more information about insider trading, please read Insider Trading—A U.S. Perspective, a speech by staff of the SEC.

http://www.sec.gov/answers/insider.htm