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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (3207)4/12/1999 1:21:00 AM
From: esecurities(tm)  Read Replies (3) | Respond to of 4231
 
INTERNET (esecurities.W) April 12, 1999 - Get the "F" out of NKCIF.

"Getting the "F" out of NASDAQ Stocks..."

"No, we're not recommending that investors abandon their Canadian stocks that are cross-listed on NASDAQ or trade only on NASDAQ, but there has been a change in NASDAQ policy that has led a growing number of Canadian companies to change their trading symbol there.

NASDAQ used to require that non-US firms have an "F" (or, in some cases, "C") at the end of their symbol to indicate "foreign". We haven't looked into the official reasons for them reversing this policy, but we suspect that many "foreign" companies treated this as a stigma of sorts.

But, whatever the reasons, Canadian companies can now change their symbols if they wish, and some have been quick to do so..."

SOURCE: &copy 04/12/1999 itenterprises.com

...except for NewKidCo !? as we said...no concept of shareholder value maximization...WHAT ARE THESE PEOPLE THINKING???



To: esecurities(tm) who wrote (3207)4/12/1999 1:17:00 PM
From: esecurities(tm)  Read Replies (1) | Respond to of 4231
 
>>...the right thing to do in the short...term...NASDAQ...

NASDAQ SmallCap Listing Requirements
nasdaq-amex.com

NASDAQ NMS Listing Requirements nasdaq-amex.com

$4-$5 BID..... this simply should [as of today] be a given and management's singular highest priority(.)



To: esecurities(tm) who wrote (3207)4/12/1999 10:13:00 PM
From: esecurities(tm)  Respond to of 4231
 
INTERNET (esecurities.W) April 12, 1999 - NewKidCo LLC to be NKC(IF)s largest shareholder?

"...Joint Venture Transaction Details Under the transaction, NewKidCo Holdings LLC has transferred its assets and business to the joint venture. In exchange for a $500,000 (U.S.) cash payment, SoftQuad International's subsidiary, Alpha Software Corporation, now owns a 75% interest in the joint venture and beginning in June 1999 will have an option to acquire, or under certain circumstances be required by NewKidCo Holdings LLC to acquire, NewKidCo Holdings LLC's 25% interest in the joint venture for 975,000 shares of SoftQuad International stock and cash payments based upon the joint venture's profits for the first three years from its formation. If prior to Alpha's acquisition of NewKidCo Holdings LLC interest, the joint venture has achieved specified revenue and profit goals, NewKidCo Holdings LLC will also receive warrants to acquire up to 4,000,000 shares of SoftQuad International stock at prices ranging from $1.50 (U.S.) to $4.00 (U.S.) and may elect to receive, in lieu of the 975,000 shares of SoftQuad International stock, a cash payment of $1,462,500 (U.S.)..."

SOURCE: &copy 06/09/98 Company Press Release
newkidco.com