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Microcap & Penny Stocks : Sinclare (SNCG) / cyberlinx -- Ignore unavailable to you. Want to Upgrade?


To: Hairy who wrote (2473)12/12/1997 4:57:00 PM
From: Dee Jay  Read Replies (1) | Respond to of 2696
 
Harry, since there are lots of known problems with the Bulletin Board stocks I expect the SEC will act with alacrity (compared to their usual pace) PLUS since NASDAQ has recommended it the SEC approval is pretty much a formality. The SEC has been warning of frauds with penny stocks a lot lately and this move can only held reduce the incidences of fraud, IMHO. In other words I would expect approval within 90-120 days. Could be wrong about that, of course, but if I were a scammer I'd expect it to happen sooner than later!

Dee Jay