But the BBC's stance was welcomed by DJ Neil Fox, who told the BBC on Friday he felt the song was "inappropriate" and that it should only be aired, if at all, as part of a news bulletin.

BBC: R1 Chart show will not play full Thatcher row song

The magnitude-8 quake, with a depth of 28.7 kilometers, was centered about 355 kilometers east of the Santa Cruz Islands, part of the Solomon Islands nation, according to a bulletin issued by the U.S. Geological Survey.

WSJ: Tsunami Destroys Villages in Solomon Islands

Knabb says the unauthorized placement of stock in his company was reported to the SEC and to Nasdaq, as part of the process of moving Pegasus from the over-the-counter bulletin boards to the Nasdaq in April.

FORBES: Oxbridge Scams Pegasus