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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security -- Ignore unavailable to you. Want to Upgrade?


To: John S. Baker who wrote (2483)7/26/1999 7:51:00 PM
From: Ed Boudinot  Respond to of 2534
 
Well John, I don't think you have it quite right. I am far from an expert and welcome any corrections to my statements. -- In order to be listed as a BB stock, companies must comply with Form 10 rules effective in June of this year. There is no requirement on stock price, however to be listed on the NASDQ (not the BB) there is a stock price requirement which as I remember is $4. If the company does not want to meet the Reporting rules to be listed as a BB stock then they are taken off that listing and can only be traded through MM's on the pink sheets. It is hard to understand why a company would not want to meet the fairly simple reporting requirements and one would wonder whether something was trying to be hidden from the general public. That having been said, there may be a logical reason for the statement attributed to Alya management.

I'm remaining long.

Ed



To: John S. Baker who wrote (2483)7/27/1999 8:25:00 AM
From: TLWatson59  Read Replies (1) | Respond to of 2534
 
J.S.B. Any thought about the possibility that there is still a great need to raise interim capital to keep the ship afloat. The historical way seems to have been to knock the stock price down so a select group of individuals are able to get on board at preferred prices. This seems to have been usually followed by a series of 144 filings to allow the prior group of angels to fill the pumped up demand at a later date with their cheap stock.

Nah! This on the verge of becoming a world class company would never stoop to activity like that. Would they?



To: John S. Baker who wrote (2483)7/27/1999 10:43:00 AM
From: Shell Searcher  Respond to of 2534
 
It has nothing to do with share price, it has everything to do with becoming a fully reporting company with audited financials, etc.