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Microcap & Penny Stocks : ARET (Formerly KLHE)
ARET 0.00010000.0%Jan 9 9:30 AM EST

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To: Jay Elrod who wrote (2886)12/10/1997 9:24:00 PM
From: Michael Harb   of 4594
 
Jay. I don't think it says that they're going to all be dropped next Ths. I believe that's when they are going to meet to discuss the issue. It would be many months before any delistings actually take place. I believe Bob has said they are in the process of pulling financials together. They are just out of Ch.11 and I'm sure it won't be long before the financials are produced. I think you will see the vast majority of these BB companies pull some financials together (unless they have something to hide). Being delisted to the pink sheets is a fate worse than death.

mike
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