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Pastimes : Georgia Bard's Corner
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To: Ga Bard who wrote (3874)7/20/1998 10:54:00 AM
From: Boob  Read Replies (3) of 9440
 
I just found out that as a promoter you do not have to disclose anything either. Only financial advisors and they require a license. Interesting how this takes shape ... However I guess it is best to do so though.

This is new to me, I had always thought if you accept compensation you have to attach a disclaimer..

Now that is one "law" that i DO NOT agree with....IMO it should be illegal for a person to be promoting (hyping) a stock and making people think they are confident in the stock and believe in it's potential when in reality they are getting paid to hype the fire out of it and most likely AREN'T confident in the company. People think they are buying it because others are confident in it, when really they are buying it so the company can dump stock onto their faces

That i STRONGLY DISAGREE with....IMO all promoters should have to put a disclaimer or else face legal troubles.

Boob...forcing a disclaimer would be another small step in the effort to protect investors
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