Golden Eagle Int. (MYNG) Message Board

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Gold/Mining/Energy : Golden Eagle Int. (MYNG)

MYNG 0.0700

+5.7%

Feb 21 4:00 PM EST

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To: David A. Wilson who wrote (19304)	6/3/1999 10:47:00 AM
From: Fred C. Dobbs	Read Replies (1) of 34075

**NSCC Eligible Security ????? Still trying to figure that one out myself. otcbb.com Clearing operations, such as the National Securities Clearing Corporation (NSCC), facilitate the validation, delivery, and settlement of securities transactions. Trades are either reported by the broker to the clearing corporation directly or through a third party, usually another brokerage firm if a broker does not have a direct relationship with a clearing corporation. Eligible A security for which one or more Market Makers has received clearance to quote the issue on the OTCBB in the last 30 days. Securities receive eligible status if they are cleared following the filing of a Form 211 or a 15c2-11 Exemption Form. A frequency of quotation test (see also "active") is administered during the eligible period. Until the test is satisfied, any other Market Maker that wishes to quote the issue must also submit a completed Form 211. Ineligible Securities not quoted on the OTCBB. A Form 211 and two copies of the issuer's information must be filed with the NASD Regulation, Inc. OTC Compliance Unit no less than three business days prior to the publication on the OTCBB in order to obtain clearance that will grant the security OTCBB-eligible status.

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