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To: Richard Mazzarella who wrote (673)3/19/2000 9:15:00 AM
From: Ga Bard  Respond to of 858
 
Richard I have been doing a lot of research on pinks and I grant you it will be a miracle for one to come off the pink. The SEC when they did this delisting meant it and most will not come back ... even those that were fully reporting once before.

That Venture site basically says the rules have changed and until someone figures out a loop hole in bringing one public it is not going to happen. Many pinks are touting they are coming back but to date I have not seen one yet.

I have two that went pink that were reporting and one that has been current but that new laws and the new 15c211 rules are not going to let them.

If they did not survive delisting I do not believe they will ever come back. I noticed that a 10SB is not a registration statement and thus I feel if a pink comes off the pink they will have to cancel all stock and then register new stock.

Pinks are for the ignorant because they have no value and if you can sell on the pinks then you should consider yourself lucky. I would hate for the SEC to tag anyone for promoting or touting or advising pinks. That is like slapping the SEC in the face.

Not wise to mess with big brother.

These new SEC rules and changes just made public shell extremely valuable and have double the price to $500K However, I exp[ect a lot of them will cancel or reverse split to meet requirements.

DANGEROUS risk trading pinks. But BT Barnum said it once.

Gary



To: Richard Mazzarella who wrote (673)3/19/2000 9:20:00 AM
From: Ga Bard  Read Replies (1) | Respond to of 858
 
Richard, I have found out that if it is fully reporting and current trading under a 15c211 then it is probably a great investment. Other than that you are probably tossing away money.

:-)

Gary