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Microcap & Penny Stocks : GIVE ME YOUR .02 TWO CENTS WORTH -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (58)12/19/1998 2:00:00 PM
From: kidl  Read Replies (1) | Respond to of 172
 
TO ALL - I am assuming that xams eve which is a half day is last day for this year's trades as that maeks the settlement the following Thursday - 3 days later. Am I correct in assuming that???
Yes, you are. TSE and NYSE close at 1pm EST. Not sure about VSE and ASE.

TO ALL - I have a question relating to the type of companies we are following here:
Is there a minimum share price requirement in order for a company to do a PP? In other words, is it possible for a company with a share price of 2 cents to finance at that level or would they be forced into a share consolidation (1:15?) in order to meet exchange guidelines?
Thanks in advance
kidl