AG-BAG (agbg) Message Board

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Microcap & Penny Stocks : AG-BAG (agbg)

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To: aadenis who wrote (7)	8/31/1997 11:22:00 AM
From: aadenis	of 48

Starting in February 1998 all nasdaq stocks including the nasdq smallcap must have a MINIMUM BID price of $1.00.If the bid price falls below $1.00 the company will have 90 days to bring the price back up to$1.00BID or more.The stockprice must be $1.00or higher for a minimum of 10 days to stay listed.If a company fails to meet minimum bid rule they will be moved to the otc/bb or the company can do a reverse split to bring the price up.AGBG is one I don't know if there is 90 day grace period applies after FEB 1998.Meaning AGBG has 90 days after FEB 1998to meet the minimum $1.00 BID requirement.If so then you have till MAY 1998 to sell these stocks. But this stock might do a reverse split before FEB 1998. ALSO...(TELS<AQCR<ATXI<DYNT<GTNR<CGUL<VETX<PRCC<EMSC)that I fool around with so WATCH OUT!!!!!!

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