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


To: Sili Investor who wrote (5313)1/11/1999 4:54:00 PM
From: MrsNose  Read Replies (1) | Respond to of 37507
 
These are the only sections I can find referring to 30 days..

(7) In the case of common stock, there shall be at least 1,000,000 publicly held shares for initial inclusion and 500,000
publicly held shares for continued inclusion. For initial inclusion such shares shall have a market value of at least $5
million. For continued inclusion such shares shall have a market value of at least $1 million. Shares held directly or
indirectly by any officer or director of the issuer and by any person who is the beneficial owner of more than 10 percent of
the total shares outstanding are not considered to be publicly held.

(8) (A) A failure to meet the continued inclusion requirements for a number of Market Makers shall be determined to
exist only if the deficiency continues for a period of 10 consecutive business days. Upon such failure, the issuer shall be
notified promptly and shall have a period of 30 calendar days from such notification to achieve compliance with the
applicable continued inclusion standard.

(B) A failure to meet the continued inclusion requirements for minimum bid price and market value of public float
shall be determined to exist only if the deficiency for the applicable criterion continues for a period of 30 consecutive
business days. Upon such failure, the issuer shall be notified promptly and shall have a period of 90 calendar days from
such notification to achieve compliance with the applicable continued inclusion standard. Compliance can be achieved by
meeting the applicable standard for a minimum of 10 consecutive business days during the 90-day compliance period.

Where did the maintaining the stock price above 30 days before listing come from?
Help? Anybody?

All the best from Canada,
Margie