Nice mention in Entertainment Weekly!!
I received this response from IR regarding the deadline.
April confirmed....(SDMT as of 1/4/99). Let's pray this is not an issue much longer. I was also told "we do not have an update for you regarding the filing or the Brd. announcement"
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Dear XXXXXXX
The deadline for EBLD to become compliant with the NASD OTC Bulletin Board
Eligibility Rule, approved as proposed in the Federal Register on November
4, 1998, is April of 2000. I believe the exact date for deletion would be
April 6, 2000 if EBLD did not satisfy the requirements. This determination
would be made on April 5, 2000. After EBLD files the required documents,
and if the SEC has accepted EBLD's filings (including answering adequately
any questions that the SEC poses), EBLD will be eligible to continue trading
on the OTC BB. The "E", symbolizing a grace period before non-compliance,
would appear next to EBLD's symbol on the OTC BB Daily List on March 6,
2000, and actually appear in the company's trading symbol 4 days later, on
March 10, 2000. I believe that the SEC reserves the right to alter or
ammend this filing schedule that I have described.
Regarding the shares outstanding - The current number is 12,199,000 shares,
and fully diluted (including such things as employee options, and warrants)
is approximately 18 Million.
I hope this helps.
Regards,
Jon Lake
Venture-Catalyst.com |
