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SI - Site Forums : Questions and Answers with SI Admin (s) -- Ignore unavailable to you. Want to Upgrade?


To: BryanB who wrote (988)7/22/2000 3:18:54 AM
From: Dale Baker  Respond to of 4890
 
Serious question: What is your policy for threads like Market Gems or AP where the thread is an extension of a paid site's activities? Clearly, some are allowed to use SI to promote their own commercial purposes.

Is that "advertising" or something else?



To: BryanB who wrote (988)7/22/2000 7:21:01 PM
From: Don Pueblo  Read Replies (1) | Respond to of 4890
 
<font color=red>Gotcha.</font><font color=aqua> Thanks, </font>Bryan.

Say hello to Jill for me! <G>

I'm sorry, I can't help it. I hope you understand. I guess it's just that there's a little cOUSIN SHORTY in me.

TLC



To: BryanB who wrote (988)7/22/2000 7:39:54 PM
From: Don Pueblo  Read Replies (4) | Respond to of 4890
 
I should have said you could have searched for the word tout and found the threads I created for the paid touts, but it appears that almost all of them have disappeared. At least they don't show up on a search for the word "tout".

I give. I'm done busting paid touts on this site. Over to whoever else wants to go for it, if there is anyone else that does. It's a Raging Bull kinda thing, I guess.

Good luck!



To: BryanB who wrote (988)7/22/2000 9:01:44 PM
From: Don Pueblo  Read Replies (1) | Respond to of 4890
 
OK, so violating securities laws constitutes a violation of SI's Terms of Use. But SI cannot be the appropriate party to enforce securities laws.

If I am reading this correctly, and correct me if I am wrong, it's OK to break the law on Silicon Investor as long as Silicon Investor is not aware of it. That's an interesting point of view, to say the least.

If I point out a potential offender, then what? You see my point here?

Let's take a case in point. A guy starts about 6 threads for two different stocks. He pumps his site, which is a PR site, and his site has this rather lame disclaimer that he collects money for hyping stocks.

Here is the law. You can read it yourself:

It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.

law.uc.edu

Now, the part that I think is applicable here is:

...without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof...

So, you tell me. This guy started three threads for this company that got erased because he was spamming. But he's back. Here is the latest thread, and here is the dude's profile. You tell me if you think this dude might be breaking federal law, and you tell me that's fine, Silicon Investor has no problem with this at all, he's cool on the Terms of Use, no problem, the members of the site don't have a problem with this dude, and I will shut up forever about this.

Subject 36380

Member 1487223



To: BryanB who wrote (988)7/24/2000 8:07:25 PM
From: Don Pueblo  Read Replies (2) | Respond to of 4890
 
Hey, I was in a cranky mood when I wrote that. I should have taken a walk instead. I apologize, sir.