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.
Technology Stocks : Thermo Tech Technologies (TTRIF) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Pool who wrote (3737)3/21/1998 3:53:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 6467
 
Robert, many companies use this "Safe Harbor" statement. It is a CYA statement, but not unusual.

Zeev



To: Robert Pool who wrote (3737)3/21/1998 4:23:00 PM
From: Sheldon Fast  Read Replies (1) | Respond to of 6467
 
Robert:

This safe harbor clause came about to prevent companies from being sued by their shareholders if the projections did not materialize.
All US companies are covered by this whether or not it is explicitly stated. I believe there had been some frivolous lawsuits in California before the Securities Litigation Reform Act of 1995.
Many companies post it. Do a search on "safe harbor" and you will find lots of companies using it.

Regards, Sheldon



To: Robert Pool who wrote (3737)3/24/1998 12:23:00 AM
From: Izzy Silverman  Read Replies (1) | Respond to of 6467
 
Zeev, and Sheldon are correct. Many companies use this type of disclaimer. This is what can be found at the bottom of all Trooper releases.

On behalf of the Board of Directors of Trooper Technologies Inc.
Per:

Stan Lis, President and a Director

THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE
COMPANY WHO TAKES
FULL RESPONSIBILITY FOR ITS CONTENTS. THE VANCOUVER STOCK
EXCHANGE NEITHER
APPROVES NOR DISAPPROVES OF THE CONTENTS OF THIS NEWS
RELEASE.

Izzy.