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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Fortune who wrote (3836)12/23/1998 2:56:00 PM
From: waldo  Respond to of 37507
 
>>When could we possibly find out a bout a NASDAQ listing? Does the stock have to go to $6 before nasdaq even looks at BII? <<

The end of Q 1 was the last official word from Godin in the Post. I think we may hear more in the first part of Jan. We have to trade over 7.50 for 30 days before we can qualify. Many still think that it is 6.00....but the rules have changed.

W



To: Mr. Fortune who wrote (3836)12/23/1998 3:04:00 PM
From: donkeyman  Read Replies (1) | Respond to of 37507
 
Like I said yesterday, if Bid.Com is US$2.00/share and they hold 30 million shares, can't they go on the Nasdaq by reducing i.e. everybody's shares down to 20% by going on the Nasdaq with 6 million shares instead of 30,000 shares, meaning the value of the shares will move up 5 times to US$10/share and if you own 1000 shares before the NASDAK, once on the NASDAK your shares would drop down to 200 shares. That seems to be fair to me.????


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