On Tue, Dec 1, 2009 at 1:53 PM, Jerry Johnson <[email protected]> wrote:

>
> He doesn't owe you _any_ explanation.
>
> If you truly hold a ticket to the event, you can talk to the event
> sponsors,
> or you can ask for your ticket money back (which they are already
> offering).
>
> But then, of course, you cannot go.
>
> As far as being an equity holder at Nike, again, they owe you nothing. They
> need to file their federal and state tax forms, and as a shareholder, you
> might get a more detailed statement, but that is it. No explanation needed
> or required. or expected.
>
>
>
Investors are in the business of making informed decisions.  Tiger Woods is
a human being but he is also a product.  He is probably Nike's most
important product.  I need to know if this product is flawed.  Nike's
failure to shed light on the details may erode investor confidence in the
product.  Company's by law are required to release all material information
that may impact their stock.  This is a one of the first questions they
asked me when I took my series 7 to trade professionally.

I don't understand how some of you can blast companies for doing shady
things but give Nike a pass on something that is clearly spelled out by the
SEC.

http://www.sec.gov/rules/sro/nyse/2009/34-59823.pdf


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