SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Forecross Corporation : Y/2000 -- Ignore unavailable to you. Want to Upgrade?


To: Ruyi who wrote (1439)9/26/1998 9:49:00 PM
From: Rick Voteau  Respond to of 1654
 
Doug, my understanding is that they didn't meet the $50 million market cap requirement and actually I think they didn't meet the $4 bid price either.

I'd rather have them on OTC BB with Market Makers than on Vancouver so I think we are fortunate. As soon as more contracts roll in, and they will, we will hit NASDAQ. Probably be !Q99 IMHO.

Plenty of price movement can happen on OTC BB.

I know it doesn't sound good but if they have a secondary publiic offering then they will make the $50 million market cap. I look for them to do this and I think it would be good as it will raise the float.

Also, remember they have many options out at $8 and none of their employees are leaving. They know what we speculate about.