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Microcap & Penny Stocks : PFCK Gets $50 million cash infusion -- Ignore unavailable to you. Want to Upgrade?

To: gLondahl who wrote (85)	3/21/1998 12:13:00 AM
From: LPasko	Read Replies (1) \| Respond to of 716

I agree--it looks like they're going to work very hard to get to that $3 share price.

To: gLondahl who wrote (85)	3/21/1998 1:03:00 AM
From: Randall E Westberg	Respond to of 716

Hey gLondahl, Thanks for the response !!! I wish you well, it looks like you are doing pretty good on this one. Need to look it over a little bit more tomorrow. Any additional Information will be greatly appreciated. Thanks again

To: gLondahl who wrote (85)	3/21/1998 2:27:00 PM
From: Mel Viticus	Read Replies (1) \| Respond to of 716

This article differs a bit from your NASDAQ listing prerequisites. Was wondering what the discrepancy was, especially re: the $4,000,000 net tangible asset and $3,000,000 float that the article mentions with respect to stocks that are not at the $1.oo share price... www1.newsalert.com.

To: gLondahl who wrote (85)	3/22/1998 12:43:00 AM
From: gLondahl	Read Replies (1) \| Respond to of 716

Correction on current listing requirements, $4/sh. is minimum bid price. My apologies... Summary of minimum requirements for initial listing, effective March 3, 1997: Net tangible assets of $4 million, or market capitalization of $50 million, or $750,000 in net income for two of the last three years. Public float of one million shares $5 million market value for the public float 300 shareholders $4 minimum bid price Three market makers Operating history of one year or a market capitalization of $50 million Corporate Governance Standards such as: requiring a minimum of two independent directors on its board of directors; establishing and maintaining an audit committee with a majority of independent directors; holding an annual shareholders meeting; soliciting proxies for all meetings of shareholders; distributing annual and interim reports; utilizing the company's audit committee or a comparable body to review potential conflicts of interest; and requiring shareholder approval for certain actions 1 Net tangible assets are total assets less total liabilities and goodwill. 2 The public float consists of shares that are not held directly or indirectly by any officer or director of the issuer and by any other person who is the beneficial owner of more than 10 percent of the total shares outstanding.