ACCUGRAPH (ACCUF, ACU.A) Message Board

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Microcap & Penny Stocks : ACCUGRAPH (ACCUF, ACU.A)

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To: ANDY LEUNG who wrote (237)	2/9/1998 12:26:00 AM
From: Serge Collins	Read Replies (1) of 276

Andy, I spoke with a NASDAQ official back in September, a Mr. Hashimoto, and he explained that the minimum bid price of $1 is not the sole criteria for determining continued listing. He mentioned that this minimum could be waved under certain circumstances such as past history, how long the company has been a listed NASDAQ company, whether it meets the other financial listing requirements and whether the stock has any liquidity. I noticed that Accugraph was listed for trading under the new transparent rules set out by the SEC on October 6, 1997. This will be beneficial for NASDAQ investors as we will now be able to put in limit orders and actually have a more transparent market for stocks. You might want to contact NASDAQ to get an update on this if you care. They can be reached at nasdaq.com I'm sure if you email them for more information, they will email you a response.

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