Bid.com International (BIDS) Message Board

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

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To: Serge Collins who wrote (7300)	1/26/1999 1:11:00 PM
From: VisionsOfSugarplums	Read Replies (1) of 37507

Hello, all. Thanks for the very interesting posts. I'm new here (debating whether to sign up) and appreciate the discussion. I thought I'd copy a page from the Nasdaq listing requirements for domestic and Canadian securities: (2) (A) For initial inclusion, the issuer shall have: (i) net tangible assets of $4 million; (ii) market capitalization of $50 million; or (iii) net income of $750,000 in the most recently completed fiscal year or in two of the last three most recently completed fiscal years. (3) For initial inclusion, the issuer shall have an operating history of at least one year or market capitalization of $50 million. (4) For initial inclusion, common or preferred stock shall have a minimum bid price of $4 per share. For continued inclusion, the minimum bid price per share shall be $1. I don't know if I'm missing something here, so if you want to view the info, see nasdaq.com . If I'm missing something, please let me know. If I'm not, it makes me wonder about an e-mail where the CEO a listed company didn't know the listing requirements and but still responds with an e-mail about them. At the least, I would have thought he'd ask his CFO.

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