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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: Mel Viticus who wrote (14252)	4/28/1998 11:36:00 PM
From: TraderGreg	Read Replies (2) \| Respond to of 27968

If at IPO they meet the NASDAQ small or national market criteria they will be on the NASDAQ. For Example, under certain conditions, a company need not have an operating history to be on the National listing. $75MM net assets with a $20MM public float,$5 price, 400 shareholders and 4 market makers ===>National listing. This would be an example of a successful private company going public or a new hyped company getting "formed" Small companies could qualify under other qualifying criteria with pretax income/operating history of 2 years. Once on the National listing(or small cap), a $1 share price keeps you on. TG