S.W, in spite of the short selling bashers, ZSUN rose from $6.25 to $9.75,...
post-split in the last 2 weeks of May and is now consolidating its gains. Here is a statement by the CEO, on 8th April 1999, concerning the release of the 10SB and application to NASDAQ, pasted from: ziasun.com
"ZiaSun is presently in the process of preparing a registration statement on Form 10-SB pursuant to Section 12(g) of the Securities and Exchange Act of 1934 in order to register its Common Stock pursuant to Section 12(g).
It is anticipated, but not guaranteed, that the Form 10-SB will be filed within 60 days. Thereafter the SEC has a review period and a comment period under which any required amendments to the Form 10-SB will be filed. At such time as there are no further comments from the SEC, the Form 10-SB will be deemed effective.
The result of the Form 10-SB being effective is that ZiaSun would be considered a full reporting company. That is, ZiaSun will be subject to the reporting requirements of Section 13 and 15(d) and Sections 14 and 16 of the Securities and Exchange Act of 1934. As such ZiaSun would be subject to filing annual reports on Form 10-KSb, Quarterly Report on Form 10-QSB, Period Reports on Form 8-K, Insider Reports pursuant to Section 16 on Forms 3, 4 and 5, and would be subject to the proxy rules and Section 14.
At such time as the Form 10-SB is effective, ZiaSun intends to apply immediately for listing and trading on the NASDAQ Small Cap Market and thereafter cease to be traded on the OTC Bulletin Board.
The Company will work diligently to complete these steps as soon as practical. |
