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To: rb22982

He was the Golden Boy, until one day he pointed out of British homo pedophile. That is the third rail because it hits too close to DC. What’s the 90 days later, he gets prosecuted.


9 posted on 09/27/2018 3:10:16 PM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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To: DesertRhino
What he did is insanely bad. I happen to be the head of IR for a midcap company. This is basic public company stuff 101. Even if he had funding, you do not announce that kind of thing

1) within trading hours
2) if you do announce in trading hours, you have to let your listing exchange (Nasdaq or NYSE) know at least 30 minutes in advance and they will HALT your stock before the announcement goes out.
3) You nearly always HEDGE things that are even a given if there is a remote chance and you have disclosures out the butt with these things. What he did is pure fraud.

11 posted on 09/27/2018 3:13:46 PM PDT by rb22982
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To: DesertRhino

He’s not being prosecuted in criminal court, he’s being sued in civil court. It really helps that Elon was stupid enough to put it in writing and double down on it.


32 posted on 09/27/2018 8:10:59 PM PDT by Excuse_My_Bellicosity (Liberalism is a social disease.)
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