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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Ruck who wrote (17519)2/22/1999 8:05:00 PM
From: RockyBalboa  Respond to of 18691
 
Given the boatload on new priced options - in the pennies for "new" -D stock (ie after the reverse split) and their bother about the stock price and stock listing.. with little description what they actually do... and the ongoing nasdaq delisting procedure (they will have a hearing in Feb. I was told - have to check that info).

THey have been notified of their noncompliance with nasdaq listing requirememnts (Small Cap Market) and one of their action is to increase the shareholders equity which can be done by either a sufficient Private Placement and/or preferred stock or a "noncash only redeemable" debenture.

However, I think it should falter. But that can fly by night if there is no "trigger" ie no shares must be sold by anyone (except the few 144er listings).

C.



To: Ruck who wrote (17519)2/22/1999 8:36:00 PM
From: RockyBalboa  Respond to of 18691
 
There is also an "ICC"....
>>>>>>>>
Chargeit Inc. is an Internet based company whose iChargeit.com
Cybermall and Virtual Arcade, as well as the iChargeit
Cyberswapmeet.com web sites, are set to launch March 1,1999. iChargeit
Inc.'s key partners and anchor tenants include, but are not limited to, Preferred Voice International (OTC BB:PFVI), Winners Internet Network (OTC BB:WINR), Internet Media Corp. (OTC BB:USRF), Innovative Holdings and Technologies Ltd. (OTC BB:IHTL) and Pacific Medical Group (OTC BB:PMGI).
iChargeit has several key agreements in place with Netgateway which
utilize Netgateway's talented and diverse staff of programmers and web
site designers to incorporate many of the unique features of
Netgateway's ICC (Internet Commerce Center) into iChargeit's web sites
and product lines.
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C.