Xin Net Technologies - BB: XNET - The Next Internet Stock? Message Board

STOCKTALK

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 : Xin Net Technologies - BB: XNET - The Next Internet Stock?

XNET 7.320

+2.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Francois Goelo who wrote (593)	3/26/1999 9:19:00 AM
From: FFNEODOC	Read Replies (1) of 1593

Agree with your Sentiments. Was in Contact by phone with Mr. Cheung (as summarized in my previous post) & got the impression they are pretty busy trying to get the financial info together & working diligently on the WEB Site. Would note that this deadline is self imposed by XNET since they are not in danger of being de-listed (for not reporting) for at least another 16 months. Excerpt from SEC guidelines: "In January 1999, the SEC approved a new NASD rule allowing the NASD to require that all OTCBB companies file updated financial reports with the SEC or with their banking or insurance regulators. For those companies that were on the OTCBB as of January 4, 1999, the new rule will be phased in over a twelve-month period beginning in July 1999. By June 2000, the new rule will apply to all companies on the OTCBB." Phase in will be alphabetically & obviously XNET will be at the end of the alphabet.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next