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Microcap & Penny Stocks : VLVT (was CSMA)

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To: TraderGreg who wrote (11565)8/19/1999 12:32:00 AM
From: Investor Clouseau  Read Replies (2) of 11708
 
TG, please correct me if I'm wrong but according to OTCBB.com they won't even be looked at until September 1st.

<< 1. Evaluate Compliance Status - Nasdaq will begin evaluating the compliance status of issuers that file with the Securities and Exchange Commission (SEC) 30 calendar days prior to the company's scheduled phase-in date. For banks and insurance companies that do not file with the SEC, Nasdaq will begin its evaluation 60 calendar days prior to the company's scheduled phase-in date. Nasdaq will make its definitive determination with respect to an issuer's compliance with the Eligibility Rule (i.e., Rule 6530) upon its scheduled phase-in date (i.e., the first business day of the month in which the company is scheduled to phase-in). >>>

I guess that would mean they will be filing as soon as they are allowed to.

Tell me what you think,
IC
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