To: Joseph Tigson who wrote (200 ) 3/28/1999 12:13:00 AM From: Paul S. Read Replies (1) | Respond to of 918
>>Does anyone know the turn around time for 10Q filing.<< I don't quite understand what you mean here, a form 10Q is merely an audited quarterly financial report like a form 10K is annual financials. If you are wondering the timeframe for listing on NASDAQ here is some info from www.nasdaq.com To qualify for inclusion in Nasdaq, a security of a domestic or Canadian issuer shall satisfy all applicable requirements contained in paragraphs (a) or (b), and (c) hereof. (a) A security other than a security distributed in connection with an initial public offering shall be considered for inclusion in Nasdaq provided that it is: (1) registered pursuant to Section 12(g)(1) of the Act; or (2) registered on a national securities exchange pursuant to Section 12(b) of the Act; or (3) issued by an insurance company pursuant to Section 12(g)(2)(G) of the Act; or (4) issued by an investment company registered under the Investment Company Act of 1940, provided that the issuer or underwriter of, or any dealer in, the security is not currently engaged in a distribution of such security which subjects such issuer, underwriter or dealer to the provisions of Section 22(d) of the Investment Company Act, and provided further that transactions in such shares, other than redemptions or repurchases by or on behalf of the issuer, are exempted from or not subject to SEC Rule 22c-1 adopted under the Investment Company Act. (b) (1) A new issue offered on a firm commitment basis shall be considered for inclusion on the day that its registration statement is declared effective by the Commission. A new issue offered on a best efforts basis shall be considered for inclusion upon the closing of the offering. Qualification under this paragraph (b)(1) shall automatically terminate 120 days after the last day of the issuer's fiscal year during which the registration statement became effective. (2) A new issue for which a registration statement is not required to be filed with the Commission under Section 3(a) of the Securities Act of 1933 shall be considered for inclusion upon the effectiveness of its registration statement or equivalent document filed with the appropriate regulatory authority if the offering is conducted on a firm commitment basis or, if conducted on a best efforts basis, at the closing of the offering. Qualification under this paragraph (b)(2) shall automatically terminate 120 days after the effective date of the offering. (c) In addition to the requirements contained in paragraph (a) or (b) above, and unless otherwise indicated, a security shall satisfy the following criteria for inclusion in Nasdaq: