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To: Arcane Lore who wrote (4229)7/26/1998 4:19:00 PM
From: JCinTC  Respond to of 9440
 
Arcane,
I thank you. I'm going to e/m the sec & NASD to find out the current status of the eligibility rule. ill let everyone know.
I'll also inquire as to whether the sec 's proposal re: reg-s has gone into affect. They were going to put an end to the abuses in this area by making the converted stock restricted under rule 144. SEC usually takes about 24 hrs to answer e/m...i'll be back.
JC