Integrity Gaming Corp. V.IGAM

RE:RE:RE:RE:RE:All eyes on Q1

[Teflon2Hype]

"Ur full of SH.it....a new contract that of that size is material....."


Nice comeback,you are such a fact weilding intellectual. I can see why multiple "people" seem to follow your every move and 5 star every one of you posts within minutes.You know you could have posted the business definition of  "Material information"  but instead you thought your 5 stars and foul mouth would speak for you...Both do say a lot about you, but neither in the way your narcissistic nature envisions. Again, you are just like Banx.



Once again, it is not material information by definition. Both the size and nature make it Normal (Ordinary)Course business.

material information

 

Definition

Any information about a company or its products that is likely to change the perceived value of a security when it is disclosed to the public. Bankruptcy filings, a change in the board of directors (BOD), corporate officers or public accounting firm, changes in the company's fiscal year, and revisions to financial statements are all examples of material information. See Insider Trading; Material Insider Information; Rule FD.

ordinary course of business

 

Definition

A term for activities that are necessary, normal, and incidental to the business. These are common practices and customs of commercial transactions. An example is a contractor works with a financial institution to secure a loan to continue a project.


Now given the following as the definition of the nature of their business then would it fall into Normal (Ordinary) Course of Material?


"Poydras Gaming Finance Corp provides finance for gaming machines and related capital expenditures for existing casinos, new casino developments and gaming machine suppliers in the USA."


You are as wrong as wrong can be. 5 star that