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Microcap & Penny Stocks : Zia Sun(zsun)

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To: Sir Auric Goldfinger who wrote (6935)3/3/2000 11:41:00 AM
From: John Plasky  Read Replies (1) of 10354
 
Here are the strict requirements that were met for the
unregulated market. They are not on the Neuer market I believe. They are listing on the german "pinksheets"
If you do a search on "third segment market" you will find
url's to dead links or other OTC companies. No blue chip would ever put a press release claiming PROUDLY they are on this market only also-rans.

exchange.de

exchange.de

Regulated unofficial market
Apart from some German shares, largely foreign shares and warrants are listed for regulated unofficial market. With about 2,700 listed companies, this is Frankfurt Stock Exchange FWB largest market segment. The Regulated-unofficial-market-Guidelines of Deutsche B”rse AG form the basis for the approval of securities to regulated unofficial market trading. The companies are only subject to a few formal approval prerequisites and no follow-up obligations.

ADMISSION REQUIREMENTS
Regulated unofficial market

Company's minimum age ---
Volume issued ---
Minimum number of shares ---
Share classes Ordinary shares, preference shares
Portion of shares that are widely held ---
Approval documentation Fundamentally, an offering prospectus as approved by the Federal Securities Trading Supervisory Office, including information concerning the factual and legal relationships to facilitate an evaluation of the shares
Language of publication German / for foreign issuers also in English
Retention obligation for existing shareholders ---
Decision-making body Executive Board of Deutsche B”rse AG
Legal basis Third-Section Guidelines, Section 78 of the Stock Exchange Act
Other Trade monitoring (Trading Surveillance Office)
Takeover Code Acceptance recommended
Organized market under the provisions of Section 2 Paragraph 5 of the Securities Trading Law No
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