Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?

To: JohnO who wrote (5652)	9/4/1999 4:17:00 PM
From: TraderGreg	Read Replies (1) \| Respond to of 5847

Please take this in the spirit of coming from a frustrated shareholder, but if I am to believe Scott's comment: We are amazed this even happend because Banyan is fully reporting and has been fully compliant for almost two months now. then BANY should sue the clown who served as their Securities Attorney for malpractice. From the OTCBB main site, under the heading Eligibility Rules Q and A, Q4 and A4 follow: Q4 Is an issue eligible for quotation on the OTCBB once the company's Form 10 or Form 10SB is effective (which by rule occurs after 60 days)? A4 No. As far as the eligibility requirements for quotation on the OTCBB, the operative date is not the effective date, but the date the SEC staff comes to a position of no further comment as it relates to the Form 10 or Form 10SB. Shouldn't their attorney have known this as well? One more thing, ANYI had to similarly reach the point of "no further comment" to even commence trading. Why would BANY be any different? I commend the company for filing everything in May. Had they come out and said that filing in May should have been timely enough, no one would have faulted them. A reasonable person would certainly consider three and a half months of lead time as prompt action. But to say they had no idea that this would happen??? TG