Insider Information being handed out?

At a recent trade show, a VC (venture capital guy) asked me if I could share any insider information on YIWA. I made a quizzical face and asked "How do you mean?". He quickly said,
"Oh, I don't mean anything illegal, but rather, how do you see the prospects for Company growth in the next six months?"

This type of question is not uncommon, and, is one of the reasons for this blog, and for issuing formal press releases to the public, and, another good reason to have a website. Why? Because it's not legal, nor would it be fair, for an insider in a publicly-traded company to tell one person some information that others haven't been told about - whether the news is good, or is bad.

You wouldn't want that to happen either, would you? After all, if there was going to be some great news released soon, you wouldn't want others to be able to buy the stock at a low price, then sell it when others (you for example) found out, and the stock had already shot up. So, the idea behind the law is that everyone is to be informed equally, no matter if the news is good, or bad.

The key for any investor is to be informed, and to follow the news on any company, such as ours. And, search for news about the industry, such as our industry in the VoIP telecommunications field. All of us at the company are excited to be involved in such an exploding field, and we have a huge amount of confidence in our success trajectory. But don't take our word for it... do your homework. Read new and old press releases, search out news, chat with others on investment stock boards and share information. But, sorry, we insiders can't give you "secret, inside information".... you will all hear about any news at the same time. That makes it fair for everyone. As an investor in any public stock, I would keep my ears and eyes open for any good news, and try to invest ahead of the others. Sort of like the old adage of an investor's secret strategy: "Buy low. Sell high." Now, how's that for inside information!