News Focus
News Focus
icon url

Jackroch

01/27/11 11:49 PM

#127931 RE: stokes1 #127920

I got an answer or two out of Ken and Jack in the past 3 weeks but on something that couldn't possibly be construed as non-public information. I had asked why the 22 Dec PR mentions Acme Labs in Vancouver and the 7 Jan PR mentions ActLabs in Toronto. I already posted the reply awhile ago. The thing is, there is such a thing as "non-public information." Read the article on insider trading here:

http://en.wikipedia.org/wiki/Insider_trading

If individual shareholders are asking questions in emails to Ken or Jack or whoever is handling IR right now, they can't really be expected to answer if those emails are asking about things that just can't be divulged without giving that investor an unfair advantage.

Just because the company used to answer those kinds of emails doesn't mean they should continue to do so. To me it's a little scary to think there may be investors out there who know things I don't know. We can all guess, speculate, yes. But for one guy to know more than another because of some email is just not right.

True they should at least give an acknowledgement, something like "thanks for your email but we can't really answer that right now." I got one of those from another company's CEO just yesterday, and I respected that.