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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?


To: woody who wrote (8196)8/12/1998 1:17:00 AM
From: Janice Shell  Read Replies (2) | Respond to of 11684
 
The suspension officially ends tomorrow; the SEC doesn't have to make an announcement, and won't.

MTEI, if it wants to trade again, must assemble the material required under Rule 15c2-11, and then find a market maker willing to sign off on it. Since part of the material required has to do with the company's asset value, and Dunn hasn't yet completed its surveys, I don't think this is in the cards.

But I have no idea whether management will issue a press release tomorrow or not.