SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : The Hartcourt Companies, Inc. (HRCT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DDInvestor.com who wrote (771)4/2/2000 6:02:00 PM
From: StockDung  Read Replies (1) of 2413
 
Re: Rule 701

From an article cited by the Truthseeker:

Taking note of the SEC action as early as March 5, the Institute issued an "Executive Alert" to its members, calling attention to the restated SEC rule and stressing that "consultants who provide investor relations or shareholder communications services" may not be compensated in stock or options in lieu of cash for their services.

Says the Institute's [National Investor Relations Institute] president and CEO, Louis Thompson, "the companies that engage in this sort of thing aren't investor relations firms at all. They're stock hypers and promoters trying to hide behind a veil of respectability. It's disgusting."

Message 12306116
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext