INFE ... Infocall another Sleeper Message Board

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Microcap & Penny Stocks : INFE ... Infocall another Sleeper

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To: Mr.D who wrote (9986)	4/30/1999 10:49:00 AM
From: Jeffrey7	Read Replies (1) of 10343

I caught a news release from another company that it seems is traveling down the path that INFE hopes to travel, it's called Hitsgalore.com (OTC:BB HITT). They announced today they have expanded their board to qualify for Nasdaq listing. 52 week low was .14, but the stock is now trading at $11+ after the company announced it wrangled a $10M private placement (does all this sound familiar?). I guess my point is it is possible for these stocks to get out of the OTC:BB if they have the hook. Another interesting thing I found in this company's news release today are the qualifications to get listed: "All of the rules for Initial Listing, including a minimum Market Capitalization of $75 million, a Public Float of at least 1.1 million shares, a Market Value of Public Float of $20 million and a Minimum Bid Price of $5 per share, can be found on the Nasdaq Stock Market Home Page located at www.nasdaq-amex.com. " Check me if I'm wrong here guys, but wouldn't that mean if Tom's goal was to get listed this year the stock would have to be at apx $10 (with shares = 8 mill)? -JD

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