Georgia Bard's Corner Message Board

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Pastimes : Georgia Bard's Corner

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To: greg Benfield who wrote (3678)	7/14/1998 9:56:00 PM
From: Ga Bard	of 9440

I do not think so ... You have the right to buy any private placement and under freedom of speech talk about your investment. However, Ron made a mistake and accepted compensation which then brought his private placement into question also. I do not see the others who bought the private placement mentioned. See if you accept compensation then you got a problem especially if you decide to do what he did. He modified his computer or rather the company did by paying him for the upgrade for the purpose of an e-mail. He got paid to go visit the company 4 times to visit which could be assumed as a consulting what ever. Plus he tied into a promoter. Did he actually know the facts he was putting out were misinformation, I do not know because the article does not suggest that. As you can see is it ignorance or did he actually do something deliberately wrong. However, because the article said encouraged I consider it ignorance by a private investor who made a mistake taking compensation. Your private trading is your own private business and no one else's until you step over the line and accept any form of compensation. That is the problem or if you buy stock for a service you intent to provide or assist in the promotion with promoter or accept stock for the intent to promote then you have a problem especially if you pump the stock then sell out or the company turns out to be a scam or the promoter puts out intentional misinformation or brought into an SEC investigation. You need to have an attorney and a financial advisor (licensed) to advise you of the risks on accepting compensation. Pumping a stock is one thing and sticking to verified facts is another as a private investor. This is my perspective but the key is he accepted compensation which changed the rules on him. GB Sorry but I have been doing my novel and and quality family time with Tweety

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