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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: paulmcg0 who wrote (35568)1/6/1999 10:11:00 PM
From: Rob W  Read Replies (1) | Respond to of 50264
 
"Hey, has anyone got a copy of this week's
Pink Sheet and can they give me a quote on Digitcom?"

Paul I'd take that any day over something like

"Hey buddy, can you give me directions to the nearest little kids playground."

Nice knowing when you are here, you are not there.



To: paulmcg0 who wrote (35568)1/6/1999 10:35:00 PM
From: MARK C.  Respond to of 50264
 
You are consistant I will say that for you. MarkC.



To: paulmcg0 who wrote (35568)1/6/1999 10:47:00 PM
From: Tri Bui  Read Replies (1) | Respond to of 50264
 
Oh Oh...Uncle D, please tell JChin to be hurry to get DGIV to NASQ listed , if not he will be de-listed from the BB to go to the "Purple Sheet".

Thanks for the reminder Paul, you da man!!! Without you we all will surely die.....at 80-90 yrs old!

ROFLM Purple A*S Off.

Tri



To: paulmcg0 who wrote (35568)1/7/1999 9:20:00 AM
From: William Brotherson  Read Replies (5) | Respond to of 50264
 
NASD Announces SEC Approval of OTC Bulletin Board Eligibility Rule

PR Newswire - January 06, 1999 13:30
%FIN %EXE V%PRN P%PRN

WASHINGTON, Jan. 6 /PRNewswire/ -- The National Association of
Securities Dealers, Inc. (NASD(R)), today announced that the Securities and Exchange Commission (SEC) has approved the NASD's proposed OTC Bulletin Board Eligibility Rule. This rule permits only those companies that report their current financial information to the SEC, banking, or insurance regulators to be quoted on the OTC Bulletin Board(R) (OTCBB), offering investors more and better information about OTCBB stocks.
Under the new rule, Market Makers will not be permitted to quote OTCBB- traded securities unless the issuer has filed periodic reports with the appropriate regulatory agency. The filing requirement protects investors by ensuring that they have access to companies' current financial information when considering investments in OTCBB-traded securities.

"Thorough and accurate information is the foundation of sound investment decisions," said Frank G. Zarb, NASD Chairman and Chief Executive Officer.
"By requiring the half of all OTCBB companies that currently do not provide publicly-available financial reports to join the half that do, we will take a major step toward improving the quality of the microcap market. We are pleased that the SEC has approved our proposal to effectively eliminate non- reporting companies from the OTC Bulletin Board."

Under the new rule, any domestic company that does not file periodic
financial reports with the SEC, or with banking or insurance regulators, will be eliminated from the OTCBB after a phase-in period. In April 1998, the SEC required all foreign securities on the OTCBB to be fully registered with the SEC in order to remain quoted.

The new requirement applies immediately to any company first quoted on the OTCBB after January 4, 1999. Securities already quoted on the OTCBB as of January 4, 1999, will have until at least July 1999 to comply with the new requirements. The rule will be phased in over a 12 month period beginning in July 1999 and continuing through June 2000 in alphabetical increments based upon the company's name as of January 4, 1999. In June 2000, the rule will apply to all companies on the OTCBB.

The filing requirement also means that these companies are subject to
greater regulatory oversight by the SEC and other regulatory authorities.

The OTC Bulletin Board is a quotation service that displays real-time
quotes, last-sale prices, and volume information in domestic and certain foreign securities. Eligible securities include national, regional, and foreign equity issues; and warrants, units, and American Depositary Receipts (ADRs) not listed on any other U.S. national securities market or exchange.
Although the OTCBB is operated by the NASD, it is unlike The Nasdaq Stock Market(R) or other listed markets where individual companies apply for listing and must meet and maintain strict listing standards; individual brokerage firms, or Market Makers initiate quotations for specific securities on the OTC Bulletin Board. Currently, approximately 6,500 securities are quoted on the OTCBB.

For more information about the OTC Bulletin Board, please visit
otcbb.com.

SOURCE National Association of Securities Dealers, Inc.

wb



To: paulmcg0 who wrote (35568)1/7/1999 4:33:00 PM
From: Lazarus Long  Read Replies (6) | Respond to of 50264
 
Well... that's interesting!

Just a few days ago, you were asking pointed questions about whether DGIV was paying (Wall Street West and Stock of the Month) to promote their stock... as if to plant a notion that there was something either illegal or unethical in their actions. This is consistent with your longstanding message that DGIV is a scam.

Now you are predicting that Digitcom will not file financial statements in time to stay on the OTC exchange.

Let's see if I have got this right. Digitcom management pays professionals to promote the stock after it has significantly retreated from its earlier highs - maybe as much as 90% or more. They do this though they have not released any significant number of shares to the float - either from new issues or by selling restricted shares. Though there are plenty of restricted shares that became unrestricted before the end of the year, corporate officers have to file to sell those shares. Seems we caught one poor soul trying to raise enough for a down payment on a house doing just that, as well as someone else at the same time. Looks like they won't be able to slip by us that way. How about raising the number of shares authorized and floating more shares into the market... nope, we watch that pretty close too.

Maybe the "scam plan's" scope is of longer term. Well, if it was a scam, we would be able to pick up on it right away when they filed those financial documents - at least one would think so from the importance you place on them with regard to this particular topic. So, nope, if they were a scam, they certainly wouldn't be filing. OK, so the plan must be to not file. Boy, brilliant plan. Don't file, get kicked off the OTC and to the pink sheets. That will certainly help the goal of bilking all that money from all us folks. Make it so that the stock is lightly traded - Yahoo! What a plan!

Nope Paul, it doesn't seem like they fit together in a long term plan either. So tell me, what is the game?

I'll tell you what I think the game is... I think you are no Prometheus... No, in fact, I think the game is that we are all another one of your little social experiments. Yes, this particular stock, this particular bulletin board and this particular group of people.

You have professed to be a libertarian in the past. Let me remind you of something...

We hold that all individuals have the right to exercise sole dominion over their own lives, and have the right to live in whatever manner they choose, so long as they do not forcibly interfere with the equal right of others to live in whatever manner they choose.

... taken, as an entire paragraph, from the Libertarian Party's Statement of Principles.

lp.org

In both these experiments you have, without permission, forced yourself, via your intrusions, upon another. In fact, something has been taken from them... their peace of mind, if nothing else. Here, we have wealth at stake. Though you are doing exactly as you please, it also denies others the right to live in the manner which they choose. That sounds more like anarchy than a libertarianism.

In fact, I find it ironic that you have chosen to immerse yourself in the very culture you profess to disdain so very much. You have a yuppie job in the heart of yuppie land. Even if you don't live in Irvine, I suspect you also live in a yuppie neighborhood. You drive a yuppie vehicle (even if it is outfitted for 4-wheeling and IS intended for offroad). Tattoos have been known to appear on yuppie bodies and they even occasionally will appear on a nude beach. LOL! You often even flirt openly and avidly with the most avid proponent of yup principles on this thread.

So, what's up with that?

(So, to Mark C... I have to disagree... I find very little consistency in Paul.)

Paul, I am reminded of a person that is frantically trying to join the Society of Misanthropes... :-)

BTW, I would have put this in a PM to you, except that I feel you are dishonestly interacting here... with my (and many other's) money at stake.

Lazarus, feeling a little feisty today...