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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?

To: Bob Davis who wrote (8853)	11/8/1999 9:12:00 PM
From: Bob Davis	Read Replies (1) \| Respond to of 8879

J.J., GLOW will be delisted from the OTC BB at the close on December 1, 1999, according to the OTC BB itself. To confirm this, see <http://www.otcbb.com/news/EligibilityRule/decemberaphaseinlist.stm> It is also clear from the OTC BB site that GLOW has not yet filed anything with the SEC, since they do not yet have a CIK number. Therefore, they are yet to file their preliminary 10-SB-12. I also found in my database an old WSJ article entitled "New Rules May Mean Trouble For OTC Bulletin Board Firms" - somehow I didn't record its date. To quote the article, "That's because the SEC gets a 60-day comment period before the filings go into effect, and a company's eligibility could be delayed significantly if the SEC has questions about the filing -- facts that some OTC companies failed to mention when they assured investors they would meet the deadlines. "It's not realistic to think that in 30 days or even 60 days these companies could get the necessary filings together," says Adena Friedman, director of trading and market services for Nasdaq. "If these companies didn't start working on this several months ago, there's no way they're going to make it." So, the net-net of this is that GLOW is about to turn pink...which will make it effectively untradable on December 2nd. J.J. - Don't bother telling whomever is still reading this forum that I am some sort of a liar or whatever else you have called me in the past. Anyone who still doubts my truthfulness will know the facts on December 2nd when they try to get a quote on GLOW. Bob Davis The Napeague Letter