Mark..GENROCO Stock Trading Symbol Changed
SLINGER, Wis., Nov 8, 1999 (BUSINESS WIRE) --
'GRCIE' Expected to be Temporary Pending Application to Become a Reporting Company
Effective immediately, the National Association of Securities Dealers (NASDAQ) has changed GENROCO, Inc. trading symbol from 'GRCI' to 'GRCIE', indicating that the company is not yet a "reporting company" pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the Securities and Exchange Commission (SEC) ruling that all securities quoted on the Over The Counter Bulletin Board (OTCBB) be phased into compliance with the new OTCBB reporting requirement.
On October 14, 1999, GENROCO, Inc. (NASDAQ: GRCIE) filed a Form 10-SB in response to the phase-in schedule issued by the NASD which indicates that if GENROCO's securities are not compliant by the phase-in date (December), they will no longer be quoted on the OTCBB. A copy of the company's filing can be found at: sec.gov 000322.txt
The company expects to receive SEC comments (if any) on or about November 15, 1999, and will respond promptly and appropriately. Management anticipates that the Form 10-SB would will be accepted within the next few weeks and allow GENROCO to remain listed on the OTCBB and return to using the 'GRCI' trading symbol. The company would then also begin filing SEC Forms 10-Q quarterly and 10-K annually.
GENROCO, Inc. is a publicly traded Wisconsin company currently quoted on the NASD OTC Bulletin Board. There are approximately 4,000,000 shares of common stock issued and outstanding.
As of the last close, GENROCO stock was $9.50 BID/$10.375 ASKED. The symbol is 'GRCIE'. One may buy or sell shares in GENROCO, Inc. through most brokerage firms.
Additional information about the company and its products can be found on the World Wide Web at genroco.com .
This is a notification of the availability of GENROCO stock. It is not an offering, a solicitation, or a recommendation.
SOURCE: DigitalWork ( digitalwork.com ) WHERE SMALL BUSINESS GOES TO WORK
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX. -0- CONTACT: GENROCO, Inc., Slinger Keith Brue, 414/644-2503 Email: keith@genroco.com Web: genroco.com |