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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (67765)	10/19/2000 8:56:34 PM
From: Jim Bishop	Respond to of 150070

otcbb.com OTC Bulletin Board Update - 3rd Quarter 2000 To view entire publication, click on view/print button. Table of Contents: Welcome to the New OTCBB The phase-in of the OTCBB Eligibility Rule was completed on June 26, 2000; investors now have access to financial and other information on issuers of all OTCBB securities. Now we will focus on improving the quality of the market through new trading rules and regulations. NASD Board Approves Automated Order Delivery System for OTCBB The NASD believes that it is appropriate to provide an automated order delivery system for the OTCBB to enable market participants to contact each other electronically to send and execute orders and increase execution speed of customer orders, which in turn should provide a better opportunity for best execution. Status Update for OTCBB Initiatives This section provides a status report of all open rule change initiatives. SEC Approves Minimum Quotation Size Requirements for OTC Equity Securities The approved amendments, effective September 5, 2000, established four additional tier sizes for OTC securities quoted at prices in excess of $200. Eligibility Rule Phase In Complete Of 5,601 OTCBB issuers reviewed during the phase-in of the rule, 43% were eligible for continued quotation on the OTCBB, and 57% were not eligible, and thus removed from the OTCBB. What's Happening @ OTCBB.com Quotes for OTCBB Securities now available on the OTCBB Website, a redesign of the site is in the works, and there are three new market statistics reports now available. OTC Bulletin Board - Top 100 Issues September 2000 OTCBB Securities Available for Quoting in Decimals Currently a market participant may choose whether to enter quotes in OTCBB securities in either fractions or decimals.