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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: john rieck who wrote (5751)5/25/1999 2:54:00 AM
From: Debbie777  Read Replies (1) | Respond to of 7039
 
Well they have assets... they hold shares of CBQI.

Do they have to meet all 3 requirements or just one? At this point, I would think they could be considered, out of business... but they do have assets.

Interesting.....

Thanks for sharing that info with the thread.
Deb'



To: john rieck who wrote (5751)5/26/1999 12:17:00 AM
From: Joe Algermissen  Respond to of 7039
 
Are these true for MIDL?

is the company out of business? - Nope.

have they had their corporate charter revoked? - Not to my knowledge.

do they have any assets? - Yes.

But I know several people who, on the advice of their accountants, wrote off Midland last year on the strength of its not trading for an extended period.


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