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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: Ditchdigger who wrote (2169)11/28/1998 9:47:00 PM
From: Ruyi  Read Replies (1) of 37507
 
Ditchdigger any way you slice it they currently meet market cap. requirements (currently approx.$145 mill Can.) even with the lousy CANADIAN dollar exchange rate. Thanks for the correction, I inadvertently posted the requirements for a continuing listing.
FOR national board the requirements are : Market capitalization of $75 million or total assets and total revenues of at least $75 million each
Public float of 1.1 million shares
$20 million market value for the public float
$5 minimum bid price
400 shareholders
Four market makers
Corporate Governance Standards

THEY could also go NASDAQ small cap. market where they only require $50 mill. market cap. and $4.00 bid
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