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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Post by luckyme1aon Oct 19, 2010 11:48am
428 Views
Post# 17582091

This is known as "tipping!"

This is known as "tipping!""The report is completed and under revision by our technical staff.
Itwill be disclosed by the end of the week or at the latest early nextweek."
Either Pierre issues a NR and disseminates this news via the proper official media outlets to
all his shareholders and all the public simultaneously so EVERYONE knows when Company making or,
Company breaking news is set to come out or...he keeps his mouth shut!



"
We are very near to finalize an agreement on a new concession, which is very well situated."
Same goes for (this) news which was also disclosed selectively to select ppl (only) before it was simultaneously disclosed to all the public and all the shareholders.

This is just the kind of thing that can get this company & it's insiders barred from trading

imo dyodd


Tipping
What Does It Mean?
What Does Tipping Mean?
Theact of providing material non-public information about apublicly-traded company to a person who is not authorized to have theinformation. This is an illegal act. Information is considerednon-public until it has been publicly released and the financial markets have had sufficient time to digest the impact the information may have had on prices.
Investopedia Says
Investopedia explains Tipping
Investmentbankers are often in possession of material non-public information thatcan be used for tipping, although occurrences of tipping are very rare.In the event that a person unknowingly passes on a tip, he or she maystill have performed a criminal act by being careless with theinformation.

Tips can be used to make insider trades before theinformation becomes available to the public. The law prohibits tippees,or those who receive material non-public information, from makingfinancial transactions based on the information they have received.
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