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Microcap & Penny Stocks : SETO Semicon Tools Inc.
SETO 0.00700+11.1%Nov 7 9:30 AM EST

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To: hooters_akimbo who wrote (2778)9/28/1999 8:44:00 AM
From: hooters_akimbo  Read Replies (1) of 3222
 
I found this very interesting. From RB. Looks like your guaranteed to get at least 4/share when SETO makes NASDAQ. Comments please Ladies and Gentlemen. Text below.

NASDAQ Requirements for initial listing

NASDAQ Qualification

I remember some time back the question was raised, what does SETO have to do to qualify for a NASDAQ listing.

For Initial listing, SETO must:
1- have net tangible of $4 million
2- market cap of $50 million
3- net income of $750,000 in the most recently
completed fiscal year or in two of the last three
most recently completed fiscal years.
4- For initial inclusion, common or preferred stock shall have a minimum bid price of $4 per share

If anyone seeks more information go to nasdaqnews.com
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