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quote:

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Originally posted by CetekTechnology-NANOTECH:
ALL INVESTORS READ THIS LINK ON QBID
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=19091801

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i dont own it but its nice to see peple hit it big.
i have been holding pghi(now gzfx) from .012, so i am feeling good like the QBID crew!

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Due Da Due......But Be Quick About It!!!!!

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Due Da Due......But Be Quick About It!!!!!

Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security. Insider trading violations may also include "tipping" such information, securities trading by the person "tipped," and securities trading by those who misappropriate such information.

Examples of insider trading cases that have been brought by the SEC are cases against:

* Corporate officers, directors, and employees who traded the corporation's securities after learning of significant, confidential corporate developments;

* Friends, business associates, family members, and other "tippees" of such officers, directors, and employees, who traded the securities after receiving such information;

* Employees of law, banking, brokerage and printing firms who were given such information to provide services to the corporation whose securities they traded;

* Government employees who learned of such information because of their employment by the government; and

* Other persons who misappropriated, and took advantage of, confidential information from their employers.

Because insider trading undermines investor confidence in the fairness and integrity of the securities markets, the SEC has treated the detection and prosecution of insider trading violations as one of its enforcement priorities.

The SEC adopted new Rules 10b5-1 and 10b5-2 to resolve two insider trading issues where the courts have disagreed. Rule 10b5-1 provides that a person trades on the basis of material nonpublic information if a trader is "aware" of the material nonpublic information when making the purchase or sale. The rule also sets forth several affirmative defenses or exceptions to liability. The rule permits persons to trade in certain specified circumstances where it is clear that the information they are aware of is not a factor in the decision to trade, such as pursuant to a pre-existing plan, contract, or instruction that was made in good faith.

Rule 10b5-2 clarifies how the misappropriation theory applies to certain non-business relationships. This rule provides that a person receiving confidential information under circumstances specified in the rule would owe a duty of trust or confidence and thus could be liable under the misappropriation theory.

For more information about insider trading, please read Insider Trading—A U.S. Perspective, a speech by staff of the SEC. http://www.sec.gov/answers/insider.htm

Be very careful people, sometimes too much information can be very bad.

IN that if what you are saying is true that you are being flown down to see Frank and finding out all this info that you say you are going to get. You may be seriously jeopardizing the company if you release any information that is handed to you with out a PR.

If you are in fact meeting with Frank and you are indeed being brought down there on QBIDS dime, then you are basically a employee of the company and could be in serious violation of insider trading laws.

please consider this very closely before you start releasing information. If you are posting these things and they are not true, then you have some other problems coming your way.

RUFFFFFFFFFF