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Technology Stocks : PNLK..ProNetLink..Facts Thread -- Ignore unavailable to you. Want to Upgrade?


To: xyz who wrote (246)2/14/2000 11:46:00 PM
From: James Simonick  Respond to of 291
 
Eligibility Rule Q & A * (Thanks to TK for the DD)

Q1) Must an issuer file a Form 10 or a Form 10SB or can it just "voluntarily" file financial reports to satisfy the new eligibility requirements?

A1) The Eligibility Rule provides that no issuer may be quoted on the OTCBB unless it is required to make current filings pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ("Act"), is an investment company registered under the Investment Company Act, is an insurance company described in Section 12(g)(2)(G) of the Act, or is a bank or savings association that is not required to file reports with the SEC. In order to be required to make filings pursuant to Section 13 or 15(d) of the Act, an issuer must register its class of securities under the Securities Act of 1933 or the Securities Exchange Act of 1934.

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 stated in the proposing and adopting release "all SEC comments, if any, must be cleared with the SEC before securities can be quoted on the OTCBB." In addition, the Form 10 or Form 10SB must be effective in order for the issuer to comply with the substantive requirements of Rule 6530.

otcbb.com



To: xyz who wrote (246)2/15/2000 3:25:00 PM
From: xyz  Read Replies (1) | Respond to of 291
 
On PNL Member news today: NOW the President knows about PNLK. Maybe this might help us out a little!

PNL Founder meets President Bill Clinton

Recently Pronetlink.com founder, President and CEO JP Collardeau attended an event in Washington, DC where he had the opportunity to meet with U.S. President Bill Clinton. Mr. Collardeau and President Clinton discussed ProNetLink.com and its participation in the U.S. Department of Commerce trade mission to the Middle East. ProNetLink.com is the first dot com company ever to attend U.S. government sponsored trade missions. Currently ProNetLink.com Chairman Glenn Zagoren is in Latin America on the latest Department of Commerce trade mission led by Secretary William Daley.

For more information about the Latin America mission and the list of participants click here: www.doc.gov