SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Little Engine who wrote (6515)3/15/1998 10:20:00 PM
From: Brad  Read Replies (2) of 27968
 
LE, Sorry bud! But you Missed Again!! Your "facts" are WRONG as usual.
-----------------------
You said...
"Based on the fact that FAMH will have to meet NASDAQ rules (specifically 4330(f) ) for initial inclusion on the board, merger or not, I would say any listing is about four months away."
-----------------------

What you FAILED to mention (as you so often do with your "selective" garbage) is that NASDAQ Rule 4330(f) ALSO clearly shows that...

the TIME FRAME for moving to NASDAQ could be MUCH SOONER than a normal initial application as shown in NASDAQ Rule 4330(f).

In this case, Rule 4330(f) says that if just one of the parties involved is on NASDAQ, then the shares (securities) issued (here, in connection with the merger with FAMH) will be promptly included in Nasdaq provided that the un-named NASDAQ company still meets the conditions of Rule 4310(c). (The Summary of Rule 4310 is shown at this site:
nasdaq.com

The KEY word is "promptly."

Here's the exact wording from the Rule:
"(f) Securities issued in connection with the merger, consolidation, or other type of acquisition of at least one issuer of qualifying securities shall be promptly included in Nasdaq, provided that the conditions of Rule 4310(c) or Rule 4320(e) for securities that have already been included are satisfied."

By the way, Rule 4320(e) applies to Foreign issuers, so it has no bearing on this situation.
----------------------------------------

Your misleading and false statements on this thread only continue to reduce your credibility to sub-zero status.

Brad

PS. For anyone that wants to read the WHOLE THING:
nasdaq.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext