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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: Brian D. Potts who wrote (7282)6/25/1999 12:05:00 PM
From: CYBERKEN  Read Replies (1) | Respond to of 8189
 
<<Also, correct me if I'm wrong, you don't have to file with the SEC to have audited
financials.>>

SEC filing is voluntary, but you will soon need to be "fully reporting" to stay on the BB. In essence the BB will become a new NASDAQ exchange, with the pink sheets taking the place of the old BB. The pinks are in the process of going on-line, and may not be as much of a jungle in the future. The current NASDAQ National Market gets promoted by default by all this. I seem to recall that NASDAQ merged with AMEX last year. Perhaps the Big NASDAQ will become the new curb exchange. The good part about that is that market makers are replaced by floor specialists.



To: Brian D. Potts who wrote (7282)6/25/1999 12:10:00 PM
From: CYBERKEN  Read Replies (3) | Respond to of 8189
 
I also think that any seeming mis-information or delays from the company are due not to an intention to deceive, but that they just haven't had a clue until recently.