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Carnac

05/04/10 11:58 AM

#7581 RE: trazbull #7580

You want some time to answer your own question before I do?

t43riz

05/04/10 1:22 PM

#7589 RE: trazbull #7580

If this is all true there could be fraud going on and some press releases and info could be in violation of the 1934 Act anti fraud provision section 10(b) and 10b-5
"Rule 10b-5: Employment of Manipulative and Deceptive Practices":

It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce, or of the mails or of any facility of any national securities exchange,

(a) To employ any device, scheme, or artifice to defraud,
(b) To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or
(c) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person,

in connection with the purchase or sale of any security."