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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: Cytotekk who wrote (10224)	7/16/1998 10:31:00 PM
From: GC	Read Replies (3) \| Respond to of 34075

< What is lacking, if anything?> Nothing that I can find out it is in the SEC hands and they decide if and when GE gets back on BB If you want to view the form 211 and 15c2-11 that they have to fill you will need Acrobat Reader. It will not copy so I could not post it on the thread , but it will print out, its on the link below. otcbb.com Once a firm makes application to trade a security on form 211 the MM has to fill out the same form,then all other MM that want to trade the security has to file form 15c2-11 regional exemption request form ,other wise known as piggy back ride.

To: Cytotekk who wrote (10224)	7/16/1998 10:36:00 PM
From: jbIII	Read Replies (1) \| Respond to of 34075

My opinion only, they are afraid to take the chance until third party verification comes out. On the BB they would be expected/required to hold some amount of inventory of MINE stock in order to be competitive with other MM's. Any MM's that are buying right now don't want to get caught holding the bag, so to speak, if MINE does happen to tank. So any buying the MM's are doing now is likely only to fill Buy orders from customers, not to pad their own inventory. That's why the large spread in the bid/ask. Plus, these forms that are required (211) are legal documents, not just a formality. By filing these forms they are saying that they accept the responsibility for verifying the accuracy and viability of GE as a public enterprise. This is not to say that they are verifying all the claims of the various reports, that is not their responsibility. But rather that they accept that the information provided to the public via SEC filings indicates that GE can or will continue as a legitimate company. Again, this is just the way I interpret the recent events. But I don't think I'm too far off. regards, jb3

To: Cytotekk who wrote (10224)	7/16/1998 11:34:00 PM
From: CIMA	Read Replies (2) \| Respond to of 34075

Excellent DD by John B. My reading of this is that GE must submit an up-to-date annual report and quarterly report before a MM can take on the company again. This is contained in two paragraphs quite a way down from the start of the rule 15c2-11. This only applies after a halt! The SEC was investigating GE before the halt and 11 MM's were handling the stock. I think MM's would take them on again, circumstances haven't changed much. IMO, it's management being behind on the financials that has us deposed to the pinks. Would anybody do a little reading and see if my interpretation of the rule is correct?