InvestorsHub Logo
Followers 167
Posts 20654
Boards Moderated 1
Alias Born 08/09/2000

Re: Mr. Bill post# 3

Monday, 09/14/2009 11:06:36 AM

Monday, September 14, 2009 11:06:36 AM

Post# of 17
10K filed Dec 2008 - not traded for 10 years until now

Our shares have not traded in the public market for more than ten years. Any trading of our shares in the near term will be on the electronic bulletin board of the NASD or in the over the counter market on the “pink sheets” provided by the National Quotations Bureau. Section 15g-2 of the regulations under the Exchange Act requires broker-dealers transacting trades in penny stock to provide potential investors with a disclosure statement detailing the risks of investing in penny stocks and to have the investor sign a receipt of the disclosure statement before any transactions may occur in the investor’s account. Also, broker-dealers must approve the account of an investor purchasing penny stocks. After we make any acquisition, most likely our shares of common stock will still be classified as a “penny stock.”


Before you criticize a man, walk a mile in his shoes. That way, if he gets angry, he's a mile away and barefoot.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.