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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT -- Ignore unavailable to you. Want to Upgrade?


To: WallStreetTips who wrote (466)4/14/1999 8:17:00 AM
From: Michael Graham  Read Replies (1) | Respond to of 1125
 
Actually it looks like Maxnet, Inc. would qualify for a Nasdaq Small Cap listing based on the requirements.

NASDAQ Small Cap Listing Information
nasdaq.com

Net Tangible Assets: $4 million
or
Market Capitalization: $50 million Yes
or
Net Income: $750,000

Public Float: 1 million Yes

Market Value of Public Float: $5 million Yes

Minimum Bid Price: $4 Yes

Market Makers: 3 Yes

Shareholders: 300 Probably

Operating History: 1 year Yes

Market Capitalization: $50 million Yes

Corporate Governance: Yes ???

Mike



To: WallStreetTips who wrote (466)4/14/1999 8:42:00 AM
From: Out_of_the_Trap  Read Replies (1) | Respond to of 1125
 
>Some people might be trying to pump this stock with hype but lets stay with the facts>

With all respect Wall street: You tell us the above and then you proceed to say, <Well, take a look at NetTaxi (NTXY) which is another OTC BB stock which is pretty much in same boat as MXNT.> Maybe 'like', but 'not' mxnt. Come-on!!! There have been serval request for links..... can you or anybody else provide?

THREAD: I have searched high & low for ANY info on this company with nothing. SEC filing, no management reports, annual/qrtly reports.... Everything is 'N/A'.

As previously stated: TRUST, BUT VERIFY.

Not to much to ask when it's my hard earned money..... is it?

OT



To: WallStreetTips who wrote (466)4/14/1999 8:42:00 AM
From: Barry K  Read Replies (1) | Respond to of 1125
 
WallStreetTips,

Thanks for the response. I appreciate the honest answer. Although I truly believe in MXNT (first bought on 3/17), I don't want to be a part of any false "hype". I believe that this company will stand well on it's own merits!

Regards,

Barry