To: bullmarket who wrote (14588 ) 6/21/1998 4:35:00 PM From: ANALYST10 Respond to of 50264
13892 - 13942 You do not simply need a $4 price on a stock. To get on Nasdaq you need $4 million in 'NET TANGIBLE" assets and a $2 million net worth. A $3 share price and 1 million shares in the float. Three years operating history with audited financials by a RECOGNIZED SEC pier review firm. Three market makers, etc. But that's right I don't know what I am talking about. As far as the 10SB, you need to have current audited financials with an interim unaudited stub within the last 120 days or the filing is stale. From the date of the filling the SEC generally returns comments within 40 days, upon receipt of the comment letter, the company must file a timely response otherwise their financial numbers are stale and must amend the 10SB filing. As far as merging into a NASDAQ shell, you are absolutely wrong. Upon a NASDAQ company, either changing the direction of its business or a change in control, it loses its listing. The purpose of this is specifically to deal with the loop holes of non reporting companies trying to sneak onto an exchange. By the way, DGIV does not qualify under any of these circumstances for NASDAQ. The SEC will have them write off the intercompany transactions and will discount and most probably write off the distribution agreements since no significant monies have changed hands. Or did we forget that payments have not been received on the purported "Notes Receivable." There will also be problems concerning the 504 previously issued with respect to Blue Sky filings and Form D filings. But that's right I don't know what I am talking about, I only know some buzz words and am a little accountant. As far as checking profiles your like defense lawyers trying to divert the jury attention. FACTS, FACTS, FACTS and learn what the Securities rules and regulations are instead of giving false information. If you did understand the Securities Regs then you would understand why this company will never see an exchange but that's another story and that's right you guys have all the answers. Which brings me to my point that if you can't deal with my questions which the SEC are asking (13892 - 13942 threads) then this deal is dead. So keep duping others into believing fiction and promises and continue to avoid the laws, rules, regulations and mathematical improbabilites, and questionable financials and press releases, but I can assure you the SEC won't.