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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?

To: JOE TURMAINE who wrote (7306)	9/24/1999 11:05:00 PM
From: jhild	Respond to of 7491

While there will be life on the pink sheets, it may not be long lived as the exemption that permits this will expire (July, 2000), and it will most definitely be harder for the general public to access the NQB, if for no other reason than it is yet another exchange and there has not developed any great demand that I can see for accessing those companies that have already fallen to the pinks. I think by the time demand develops the exemption that will allow these issues to trade there will expire. But that part is just my opinion. Here is an excerpt from the OTCBB site that addresses this exemption: The exemption granted by the SEC from Rule 15c2-11 will permit broker-dealers to publish or submit quotations in other quotation mediums, including the National Quotation Bureau's Pink Sheets, for securities being removed from the OTCBB pursuant to NASD Rule 6530 subject to the following conditions: 1.A broker or dealer must have in its records information specified in paragraphs (a)(5)(i), (a)(5)(ii), and (a)(5)(viii) of Rule 15c2-11; [From Rule 15C2-11 (a)(5): i.the exact name of the issuer and its predecessor (if any); ii.the address of its principal executive offices; viii.the nature of the issuer's business; ] 2.The security was quoted in the OTCBB from January 4, 1999 until the date of its removal3; 3.The NASD has appended the covered security's symbol to indicate that it is not compliant with Rule 6530; and, 4.A broker or dealer must have published quotations in the covered security in the OTCBB on at least 12 business days during the preceding 30 calendar days, with no more than four consecutive business days without quotations. This exemption will expire when the implementation of the Eligibility Rule is complete.4 . . . 4: After that time, broker or dealers that wish to publish a quotation in another quotation medium in an OTCBB security that becomes ineligible for the OTCBB system will be required to comply with Rule 15c2-11. The Commission has recently reproposed amendments to Rule 15c2-11. See Securities Exchange Act Release No. 34-41110 (March 8, 1999). Broker-dealers would be required to comply with any new provisions of Rule 15c2-11, and this exemption may be modified or revoked upon adoption of any amendments. otcbb.com

To: JOE TURMAINE who wrote (7306)	9/28/1999 11:49:00 AM
From: jhild	Read Replies (1) \| Respond to of 7491

CSHKE it is now. Looks like things are still on plan here. The quote thingie at the bottom off the page hasn't caught up for this symbol change. Here is what I could find: Last Sale Price 0.03 Volume (000) 77 Size of Last Sale 10000 Last Sale Time 11:12 Net Change -0.01 Open 0.05 % Change -25.0% Bid 0.03 Ask 0.06 High 0.05 Low 0.03 Size of Bid&Ask 5000x5000 That is quite a spread .03 to .06.