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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: one_less who wrote (4911)	1/13/1999 3:44:00 PM
From: Jack of All Trades	Respond to of 7039

I don't know if there is one, but that is the next step required. A MM must sign on to trade this puppy. From the most recent 10Q: Order Suspending Trading: The Securities and Exchange Commission (Commission) on August 18, 1998, issued an order suspending trading in the securities of the Company claiming a lack of current and accurate information and because of questions regarding the accuracy and adequacy of information disseminated by and about the Company. The concerns related to, among other things: (1) the assets and liabilities of the Company; (2) the identity and assets of the businesses the Company had announced plans to acquire; (3) the current operations and business prospects of the Company; (4) the composition and involvement in affairs of the Company by management; (5) the possible misappropriation of assets by officers of the Company; and (6) the failure of the Company to file the reports required under the Securities Exchange Act of 1934. The order suspended trading from August 18, 1998, through August 31, 1998. The Company has been informed by the National Association of Securities Dealers, Inc. (NASD), that, before trading may resume in its securities, an NASD member must sponsor the Company for the purpose of publishing a quote. The Company, therefore, has devoted its efforts towards fully and accurately addressing each issued raised by the Commission in the issuance of the order suspending trading and is now current in its reports. At the date of this report, the Company is seeking an NASD member to sponsor its securities for trading, once again, on the OTC Bulletin Board maintained by the NASD.