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Non-Tech : J.B. Oxford

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To: Richard B. Haenisch who wrote (460)2/3/1999 2:10:00 PM
From: Sir Auric Goldfinger  Read Replies (1) of 2220
 
Richard, JBOH is not a good company with a future: "Nasdaq Listing Requirements the securities of the Company currently trade on the Nasdaq SmallCap Market. Effective February 1998, Nasdaq implemented revised continued listing requirements, including the maintenance of a minimum bid price of $1.00. The Company was notified by Nasdaq that the Company did not meet the minimum bid price requirement. Management is currently addressing various options to bring the Common Stock back into compliance, including, but not limited to, a reverse split of the Company's Common Stock. If the Company is unable to satisfy the
listing requirements, the Company's stock is subject to delisting and may be lowered to a bulletin board stock. On November 10, 1998, the Company requested an oral hearing before Nasdaq to present the Company's business plan to remedy the current price deficiency. This procedure will stay the delisting action temporarily. There can be no assurance that the Company will be successful in maintaining its SmallCap listing. If the Company's Common Stock is delisted,
there would likely be a negative impact on the trading market, liquidity and price of the Common Stock.
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