NCDR Message Board - Msg: 9901877

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Microcap & Penny Stocks : NCDR

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To: Q. who wrote (503)	6/2/1999 8:37:00 AM
From: Arthur_Porcari	Read Replies (1) of 1440

John, I am fully aware of the new rules. As you can see from your own link, the rule does not come into effect for NCT until January, 2000. The "old rule" is still in effect. They did not have to file a 10q at this time. So once again I am right of course. I have already addressed the Telnet/Baraka assets aquisition. It is was in fact properly disclosed per SEC rules. No one is questioning that the Prior shell management was, to kindly state, sloppy at best in its compliance. Chalnik as CFO, has only been on board less then 3 months. If you are so familiar with SEC filings, you must agree that to file three years worth of 10k's and near a dozen quarterlies in this short period of time is an almost incomprehensible task. How many BB companies do you know that can't even get one 10k filed in a year? I suspect that those who insist on focusing in the past, will soon be blindsided by the present. Art

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