DCI Telecommunications - DCTC Today 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 : DCI Telecommunications - DCTC Today

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: De Peepster who wrote (16030)	5/4/1999 10:47:00 AM
From: Ken Reidy	Read Replies (1) of 19331

Does anyone have any insight or theories why our trading was suspended and other companies with pooling issues have either not been suspended or even not been required to restate as pooling is still an accepted accounting practice? A THEORY that pops into my mind is that our trading was suspended due to a combination of the pooling issue, the pending merger and our push for a listing. By suspending trading, the SEC allows the merger time to unravel, lets us restate and then we resume trading again as plain old DCTC with no merger partner, more accurate financials and all our business momentum and growth potential still in place. I just have to wonder if our trading would have been suspended if we weren't in the middle of a merger agreement. Pooling is used all over the place and the article I provided a link to yesterday said pooling usage is going to accelerate between now and the year 2000 as companies rush to use this method before it is no longer available to them. Just trying to get a better understanding of this situation.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next