TO ALL: re:BII/BDCMF. Looks like NASDAQ is on the way. Check out the news for DGJLF:
TORONTO--(BUSINESS WIRE)--Feb. 4, 1999--D.G. Jewellery of Canada
Ltd. (NASDAQ:DGJLF) has announced that is has commenced the process to have its securities listed on the NASDAQ National Market System.
The shares are currently listed on the NASDAQ SmallCap Market. D.G. Jewellery believes that it meets all criteria for National Market listing, including:
*T
(i) Net Tangible Assets exceeding US $6.0 million,
(ii) Pre-tax income for fiscal 1997 exceeding US $1.0 million,
(iii) Public float exceeding US $8.0 million and,
(iv) Shareholders exceeding 400 in number.
*T
With the company's share price closing above $5.00 for three consecutive weeks, currently trading in the $7 range with average daily volume at almost 60,000 shares, D.G. Jewellery is confident that its application will be approved. The application review process normally takes six to eight weeks.
WHICH ties into BII:
BusinessWire, Thursday, January 28, 1999 at 13:24
TORONTO--(BUSINESS WIRE)--Jan. 28, 1999--Bid.Com International (TSE:BII.) Bid.Com International Inc., one of North America's leading online auctions, today announced that it has reached an agreement with D.G. Jewellery of Canada Ltd. (NASDAQ:DGJLF) to sell jewelry on Bid.Com's website. |
