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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (7030)1/28/1999 9:07:00 PM
From: Marshall  Read Replies (2) | Respond to of 122087
 
Well - I suppose the first thing they have to do is to prove that they aren't out of compliance regarding the NTA requirements but we won't know about that until the 10-Q appears. I would say that some sales would certainly be the ticket to eliminate any more of those stupid private offerings. If they can demonstrate some demand I somehow doubt they'll have any problem obtaining conventional financing for any rampup costs that they can't handle at the moment.

Anthony - remember that "Delist" is not exactly the word for most cases. If a company falls "out of compliance" they generally get 90 days to correct the situation and they can even call for a hearing to extend that time. Sure - some may be reclassified as being on the NASDAQ Small Cap Market and some will be forced to move to the OTC-BB but we're talking about a lot of time involved.

I sure wish you'd send me an SI-PM with your phone # or just ask for mine and I'll fill you in.