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Tuesday, April 25, 2006

Full Disclosure on Stem Cell Research and New Policy Regarding Blogging About Companies Where I Have Ownership Positions

I have been blogging about stem cell research since early last summer. My position is steadfastly against embryonic stem cell research (ESCR) and in favor of adult stem cell research (ASCR). Late last year I made a small investment in a private company that I am not at liberty to disclose that amounted to far less than a 1% position in the company's ownership. The company is developing medical treatments using adult stem cells. I consider this to be putting my money where my mouth is and plan to continue blogging in line with my long established positions. This disclosure is a practice I will maintain for private companies planning future liquidity events where I have an ownership position. Should I ever blog about such a private company, or any public company where I hold more than a 0.1% ownership interest, I will disclose my ownership at that time. Just because I think you should know.

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