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

To: Sprintcar who wrote (97798)	12/12/2001 8:49:58 PM
From: Due Diligence	Respond to of 150070

Thanks for the post, Sprint. Getting my pencil out to do some figuring. DD

To: Sprintcar who wrote (97798)	12/12/2001 9:24:09 PM
From: Jim Bishop	Respond to of 150070

Thanks Sprint. Changing, but sorta not changing. 180 days to meet the min bid, and if they still meet the other requirements, another 180 days to meet the bid. Looks like we'll have under a buck Naz for a long time.

To: Sprintcar who wrote (97798)	12/12/2001 9:57:15 PM
From: Qone0	Respond to of 150070

Helen Scott, co-chair of the Nasdaq Listing and Hearing Review Council, commented: ``If a company's stock price goes under a dollar, the company knows best what kinds of transactions will enhance its business and financial stability, many of which may take longer than 90 days to complete. Dropping a stock from the Nasdaq National Market directly onto a less transparent, non- Nasdaq market, hurts companies and their stockholders, and may trigger defaults in debt covenants or preferred stock. This proposal allows a company to continue to trade on the SmallCap market for a longer period, so that it can secure and close on new financing or execute another turnaround plan.'' Ok, who wants to spam this every where and start an E-mail blitz to the SEC to force NSAD to make the OTC as transparent as nasdaq with ECN`s, limit order protection, short interest, and real size shown on L2. The Co-chair of NASD hearing review council just admitted that the way NASD is running the OTC-BB is hurting, " Companies and their stock holders" end quote.