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To: thjjones who wrote (296)	2/5/1998 4:24:00 PM
From: John Chapman	Respond to of 402

thjjones: Sounds like a good logical opinion to me. It also fits with what I have been told as to alternatives to reverse split. We will see.

To: thjjones who wrote (296)	2/5/1998 4:27:00 PM
From: Paul Bartosh	Respond to of 402

thjjones, Thanx for the link! This is exactly what I've been looking for. I will go over this with a fine toothed comb. Thanx again.

To: thjjones who wrote (296)	2/5/1998 4:27:00 PM
From: John Chapman	Respond to of 402

thjjones: Thanks for the link. This is the stuff I was trying to remember: * If the $1 minimum bid price requirement is not met, the issuer will continue to qualify if the value of the public float is at least $1 million and capital and surplus is at least $2 million. "A deficiency for market value of public float, market makers, and bid price will be determined if the issuer fails any of these requirements for 10 consecutive days. If failure of any of the 10-day test occurs, the issuer will be notified promptly and will be given 30 calendar days to comply with the market maker criteria and 90 days to comply with the bid price or market value of public float requirements."