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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: Jamie Westock who wrote (140)2/28/1997 11:45:00 AM
From: George A. Roberts   of 341
 
I am not sure what the price requirement is for Nasdaq small cap but there are other financial -solvency requirements that we might have trouble making, I know that a stock is not marginable unless it is over $3 but as for listing requirement ???....I do not know what they are but Sanctuary is a losing concern and the US markets are getting tighter so as to prevent the sanctuaries of this world to de vest the poor suckers of their $$$...
I think we will remain on the Vancouver exchange right up until the time the plug is pulled...
George
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