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 : THE NEW ISSM!!!!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David Sirk who wrote (386)2/3/1999 10:07:00 PM
From: Brander  Read Replies (1) of 915
 
That is exactly where the $1 requirement came from. I do my homework. According to the requirements that you correctly posted, ISSM, which will be the company that is traded, is nowhere near the requirements. Overnight satisfaction of the requirements will not do it. The SEC wants to see an established baseline, including an average price of $1/share over time for an existing company, which this will be classified as.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext