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Microcap & Penny Stocks : Mortgage Bankers Holding Corp (MBHC) -- Ignore unavailable to you. Want to Upgrade?

To: MicroKing who wrote (1162)	1/23/2000 11:05:00 PM
From: CIMA	Read Replies (2) \| Respond to of 1241

For initial listing on the Nasdaq SmallCap Market a company must have at least: (i) net tangible assets of $4,000,000 or market capitalization of $50,000,000 or net income for two of the last three years of $750,000; (ii) public float of 1,000,000 shares with a market value of $5,000,000; (iii) a bid price of $4.00; (iv) three market makers; (v) 300 shareholders and (vi) an operating history of one year or, if less than one year, $50,000,000 in market capitalization. For continued listing on the Nasdaq SmallCap Market (i) a company must have at least net tangible assets of $2,000,000 or market capitalization of $35,000,000 or net income for two of the last three years of $500,000; (ii) a public float of 500,000 shares with a market value of $1,000,000; (iii) a bid price of $1.00; (iv) two market makers; and (v) 300 shareholders."

To: MicroKing who wrote (1162)	1/28/2000 9:27:00 PM
From: bruceski	Read Replies (2) \| Respond to of 1241

Microking. GFP currently is not liquid as per Maloney at the shareholders meeting. When I asked him another time about making it liquid, he said they hadn't looked into it. They were going to use it as part of their asset base for NASDAQ. IMO I think there is more to GFP than meets the eye. Why would Maloney et al. takeover MBHC instead of just moving NICA into a shell? MBHC had lawsuits etc. I think GFP somehow ties in. Not sure if Rushovich's experience could lead to MBHC managing the GFP and taking it public. If they do, then the money becomes liquid.