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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce -- Ignore unavailable to you. Want to Upgrade?

To: Pikeaholic who wrote (2861)	3/14/2000 1:48:00 PM
From: xclently	Read Replies (1) \| Respond to of 2994

BYITE--more questions than answers...Anyone know of this "Cross Check Corp." that they are merging with? Are they going to lose the dreaded "E"? The progress report issues by the company a month ago makes this confusing... quote.bloomberg.com This is from the companies progress report: >>>"Second, I have been asked to clarify the review process and the 'E' status. Apparently many do not realize that the SEC is working hard to review filings of companies that are near their reporting deadline. We are also being very diligent in our draft in an attempt to minimize any questions that the SEC may have. If comments do arise from the SEC, we plan to satisfy their requests within 48 hours. There will most definitely be an "E" added to HouseHold Direct.com's ticker symbol on February 23, 2000, but it signifies nothing other than the designation that the Company is within 30 days of its scheduled compliance date. "Third, and perhaps of significance to stockholders who are concerned about the deadline, is the 30-day extension that is granted by the OTC/BB Exchange. Even though the deadline for HouseHold Direct.com (based on the alphabetical position of RDI Marketing, their former name) is March 23, 2000, it should be noted that the exchange grants a 30-day extension to allow the SEC and the Company to complete the compliance process. While there can be no assurance that HouseHold Direct.com will comply with the exchange requirements, we believe that the April 23, 2000 date will provide ample time for HouseHold Direct.com's filing to be completed successfully, and receive a 'PASS' rating from the SEC and the Exchange. The 'E' will then be removed, typically within 24-48 hours." <<< Ironically, the same report says that they were not considering a merger: >>>HouseHold Direct.com has not proceeded with additional plans regarding the acquisition of any other companies. This decision was made to avoid adding complications or potential delays to the audit and reporting process. The company believes that any discussion, news release or activity relating to acquisitions could cause that entity to be added to the audit requirements of the SEC as it relates to HouseHold Direct.com completing the filing of Form 10. <<< So, is this merger going to cause BYITE to go to the pinks, or back to BYIT on the BB, or NASD?