Ann: Walyering-7 Flow Test Update, page-70

you repeat what I said about how to apply rule 3.1A. Well done. It does mean pretty much nothing that is completed can be deferred. Of course Hal completed or half assed projects don’t need announcing.

as to the rest it is clear you have never run a public company. The position is very clear. If you have disclosable price sensitive information you announce it, you cannot hold it over until you publish a quarterly or whatever. Non disclosure is not normal, it is the exception.

Leaks of sensitive information are not the same at all. If I leak that the company is chewing on making a takeover that will affect the price but it’s not disclosable under rule 3.