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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?


To: 230SL who wrote (2670)1/21/1999 7:36:00 AM
From: Far Side  Read Replies (2) | Respond to of 3458
 
All TRBD Longs and Shorts

There will be no trading on EASDAQ or NASDAQ or the german exchanges for TRBD shares. The stock has been halted by Easdaq pending clarification by TRBD on their news release strategy. Turbodyne
has asked the German exchanges to close trading on their exchanges pending clarification of recent developments by Easdaq.

Trading will resume early next week (Monday IMO).

Turbodyne will release a communication update today.

I ask everyone to calm down, no one will be trading anything on any markets until the facts are released.

The widespread dissemination of unapproved speculative rumours via
the telephone, fax or internet will not help traders whether they hold a long or short position.

Don't speculate - just wait for clarification, please.

Don't read anything positive or negative into this post by me.

Jim




To: 230SL who wrote (2670)1/21/1999 8:47:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 3458
 
230SL, I didn't post the link as a news source. Wherever did you get that idea?

Barb



To: 230SL who wrote (2670)1/21/1999 10:40:00 AM
From: LTK007  Respond to of 3458
 
Well dug out the release--here it is



21 January 1999
13:00

Notice of Trade Halt: Turbodyne Technologies Inc.- EASDAQ
Market Authority Announces Temporary Halt of Trading in Shares of
Turbodyne Technologies, Inc. (EASDAQ: TRBD)

January 20, 1999

The EASDAQ Market Authority has initiated a temporary halt in the trading of shares of Turbodyne
Technologies, Inc. on the EASDAQ Stock Market, effective immediately. The trading halt will remain in effect
until the close of the market (16:30 CET) on February 3, 1999, unless otherwise determined by the Market
Authority.

The Market Authority has also notified Turbodyne that it plans to initiate disciplinary proceedings against the
company for, among other things, allegedly issuing a number of press releases which contained false or misleading
price sensitive information to the market.

This action has been taken by the Market Authority as the result of an investigation undertaken on its behalf by
the EASDAQ Surveillance Department. The Market Authority is responsible for ensuring the integrity, security
and fair dealing of the EASDAQ Stock Market and applies rigorous standards to the conduct of its Members and
Issuers to protect investors.

Potential sanctions which could result from disciplinary actions include a range of options, up to the withdrawal of
admission to trading of Turbodyne shares. Turbodyne is accorded rights under the EASDAQ Code of Formal
Proceedings, which governs the procedures to be followed connected with disciplinary actions. Among these are
the right to submit a written response, and to request a hearing before the Market Authority, within thirty days of
receiving a written claim regarding this action. A decision will only be made after the conclusion of the hearing, if
a hearing is requested. Decisions made by the Market Authority concerning this matter may be appealed to an
International Commission of Appeal.

Shares of Turbodyne Technologies, Inc. began trading on the EASDAQ stock market on July 30, 1997. The
shares had previously been admitted to trading on the NASDAQ Stock Market.

Head Office
56, Rue des Colonies, Bte 15
Koloniënstraat 56, Bus 15
B-1000 Brussels
Tel : 32-2 / 227 65 20
Fax : 32-2 / 227 65 67

EASDAQ UK
Warwick House
65-66 Queen Street
London EC4R 1EB
Tel : 44 -171 / 489 99 90
Fax : 44 -171 / 489 88 80

EASDAQ FRANCE
23 Rue Balzac
F-75008 Paris
Tel : 33 1 / 53 53 67 95
Fax: : 33 1 / 53 53 68 41

EASDAQ GERMANY
Messeturm
Box 23
60308 Frankfurt a.M.
Tel: 49 69 / 975 44 504
Fax: 49 69 / 975 44 900

Web-Site : easdaq.be
E-mail: info@easdaq.be