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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Dowgal who wrote (6437)7/20/1999 9:07:00 PM
From: Ga Bard  Respond to of 7039
 
Think about the one I have had for so long.

GB



To: Dowgal who wrote (6437)7/22/1999 1:37:00 AM
From: Ga Bard  Read Replies (1) | Respond to of 7039
 
Ok it appears the 15c211 has not been pulled. Here are some written communications.

From: ***********************
Sent: Tuesday, July 20, 1999 1:44 AM
To: Research@nasd.com
Subject: MIDL

Trading of MIDL was suspended by the S.E.C. on 08/18/98 and it was reported as an "anticipated addition" on 03/19/99.

What is the status of this stock actively trading again? Can you ell me what needs to be done so that it may trade again?

With Best Regards,

***************************

-----------------
Subj: RE: MIDL
Date: 7/20/99 9:40:35 AM Eastern Daylight Time
From: *****************@nasd.com
To: ************************************

Mr. ***********,

MIDL has has a 2-11 filed, and right now is being evaluated. That is
all the information that is available at this point, and there is no
time table for when the company will be quoted on the OTCBB.

********************
Research Specialist
The Nasdaq Stock Market, Inc.
(202)-728-8477
fax (202) 728-8206

---------------

From: ********************************
Sent: Wednesday, July 21, 1999 1:52 AM
To: **************@nasd.com
Subject: Re: MIDL

Thanks for the note. Please forgive me, as I'm a novice to the trading halt experience, but is it customary for the "evaluation" time to be this long? What is a typical time frame that I should consider? Can you tell me who has filed the 2-11?

With Best Regards,

**********************

----------------
Forwarded Message:
Subj: RE: MIDL
Date: 7/21/99 11:30:09 AM Eastern Daylight Time
From: ***************@nasd.com
To: ********************************

Mr. ************,

The time table is usually 2-3 days, but if the analyst has any question or needs more information the process will take longer. We generally do not distribute which market makers filled the 2-11to the public, that information is reserved for governmental agencies like the SEC, and sometimes the issuing companies. If the company is currently trading on the OTCBB I could provide a list of Market Markers for a fee. If you have more question you can contact OTC Compliance/Market Regulation (202) 208-2802, where I have gotten most of the information, if you have more questions.

*************
Research Specialist
The Nasdaq Stock Market, Inc.
(202)-728-8477
fax (202) 728-8206


Ok here more info from another on line DDer out about $30K. It appears there is another comment that has not been answered. The 15c211 is in place. However, the company is not easily accessible so tomorrow or rather today I am going to start making calls to get this last comment answered by someone in this company.

Now in the meantime, I am going to send a different type of letter other than the on I was going to send since the 15c211 has not been pulled.

I will post it for everyones review. Heck I will sent it email and then email my congressman only if I have to ... Who knows maybe it is not over yet.

GB

-----------------



To: Dowgal who wrote (6437)7/22/1999 2:53:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 7039
 
To: +flyboy (59 )
From: +Anthony@Pacific Wednesday, Jul 21 1999 2:55AM ET
Reply # of 70

NASD<----------UNDER REVIEW!!!!!!!!! BY Criminal Investigators!!!!!!

Ive been saying this all along..this is only the tip of the Ice Berg!

Page 1 /
BN NASD Employees Probed Over Leaks to Brokerage Firm, WSJ Says
Jul 18 1999 23:49

New York, July 19 (Bloomberg) -- The Manhattan district
attorney is scrutinizing whether National Association of
Securities Dealers employees with access to secret documents
helped a brokerage firm evade regulators, the interactive
edition of the Wall Street Journal reported, citing people
close to the situation. It is examining how internal documents,
including an ''investigative game plan,'' got into the hands of
officers of A.S. Goldmen & Co. while the NASD was investigating
Goldmen. The possibility that Goldmen received inside help is
the latest twist to the investigation of alleged penny-stock
fraud at the now-inactive firm, the newspaper said.
The Naples, Florida brokerage firm was indicted this month
along with 33 individuals, accused of defrauding investors of
nearly $100 over three years ago.

(The Wall Street Journal Interactive 7/19 www.wsj.com)

--Abigail Wyatt in the London newsroom (44 171) 330 7321/cp


GB