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Makesomemoney

06/23/10 1:05 PM

#5469 RE: retiredpreschoolteac #5468

Guess I didn't think of that. It is obvious to me that if Management of FDMF did so it would be insider trading but I am not certain if that would be true of BP. Could very well be.
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old_schooler

06/23/10 1:09 PM

#5471 RE: retiredpreschoolteac #5468

While KC9000 is an obvious solution, I wouldn't expect BP to take notice of any small cap products when in fact they can't even review what is already at their doorstep.

I could see BP taking first right of refusal on all of FDMC's product. Which isn't a bad idea by itself. Why sell the goose?
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old_schooler

06/23/10 1:16 PM

#5472 RE: retiredpreschoolteac #5468

FDMF is a non-regulated Pink Sheet Stock.

There is no regulation that I am aware of that either restricts insider buying of it's own stock on the open market nor is there a requirement to file their purchases since Pink Sheet stocks are not regulated.

IMO. Anyone please correct me if I am wrong.