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Pastimes : Why are the OTC-BB stocks dying?? -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (2)8/13/1998 10:10:00 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 115
 
Joe,

The BB stocks ARE NOT dying. It's merely another buying opportunity. <vbg>

KJC



To: Joe Copia who wrote (2)8/17/1998 12:39:00 PM
From: esecurities(tm)  Respond to of 115
 
United States SEC Rule 15c2-6.

actually this is the legal/technical reason...this law simply requires any/all U.S. SEC/NASD governed registered reps that no OTC BB stock may be solicited for purchase(.)...any/all sales simply must be unsolicited...initiated by the purchaser and accompanied by necessary SEC paperwork signed by the purchaser confirming the OTC BB BUY was unsolicited...Rule 15c2-6 effectively kills/precludes an efficient OTC BB market...


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