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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: De Peepster who wrote (16030)5/4/1999 10:47:00 AM
From: Ken Reidy  Read Replies (1) | Respond to of 19331
 
Does anyone have any insight or theories why our trading was suspended and other companies with pooling issues have either not been suspended or even not been required to restate as pooling is still an accepted accounting practice? A THEORY that pops into my mind is that our trading was suspended due to a combination of the pooling issue, the pending merger and our push for a listing. By suspending trading, the SEC allows the merger time to unravel, lets us restate and then we resume trading again as plain old DCTC with no merger partner, more accurate financials and all our business momentum and growth potential still in place. I just have to wonder if our trading would have been suspended if we weren't in the middle of a merger agreement. Pooling is used all over the place and the article I provided a link to yesterday said pooling usage is going to accelerate between now and the year 2000 as companies rush to use this method before it is no longer available to them. Just trying to get a better understanding of this situation.



To: De Peepster who wrote (16030)5/5/1999 9:25:00 AM
From: tonto  Read Replies (3) | Respond to of 19331
 
You will know for sure (intellectually) what has really occurred by the official statements made by the company. (or lack of...) Forget about gut feelings and only deal with the facts, as known. Pursue information from the company.

I do not know the specifics of this company, I just have witnessed halts and understand the procedure and the emotional damage done to investors, not forgetting the $$$$ lost typically. Best of luck to all.

Dear Baldwin,
Are your toes sore yet from tappin???? Who is this Tonto am looking for more insights from him/her.
Barbara would rather have the truth and cry vs. mumbo jumbo crap