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Technology Stocks : LUMM - Lumenon Innovative Lightwave Technology Inc.

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To: jjs64 who wrote (1328)12/28/1999 11:31:00 AM
From: faro  Read Replies (1) of 2484
 
jjs64, I agree with you that the situation needs immedate attention. Yet I wouldn't want to scare people.

I think that a cautious attitude is needed nothing more.

The worst that could happened is for LUMM to on Pink and that taked about 60 days to get back on OTC-BB and by that time -- I hope that their request to go on Nasdaq will have been granted.

On the other hand, the thing I don't know, is what happened in a case like LUMM where the filing has been done for NAS and, at the same time, they are in a process of filing to OTC-BB.

In that case, do they have to do both or just wait for the NAS approval?

This is a delicate situation. And I would guess that they will have to conform to both demands OTC-BB and NAS

Faro
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