No. of Recommendations: 28
IF I was aggressively trading a stock , I wouldn't have private three hours meetings with its CEO etc. If you have never dealt with the American securities regulator's you might not get it, and that's fine.
I think perhaps you don't really understand the rule.
And yes, I have been a registered insider at more than one public company. In more than one country, for that matter.
You can have discussions all you want. For example, that's how deals get negotiated.
Overgeneralizing a bit, to break the rules all of the following would have to be true:
* there has to be an actual thing going on within the company (most frequently big bad news or an agreed M&A event, but not just an idea or normal day to day business)
* it has to be material
* disclosed to someone outside the firm who is not within the circle of the firm's insiders (in this context legal "insiders" can include non-employees)
* not yet publicly disclosed
There is no indication that ANY of those is true in this situation.
Jim