Avalon Technology Grp (fka AVLN)

[MONEYMADE]

SEC sets the "rule for SHO listings" Nasdaq has nothing to do with it. Your question was why isn't IDWS not on the sho list?? A answer and regulation source was provided... I'll quote for those seeing this again for the first time. (see below)What part don't you understand. It can't get any clearer...


This is taken from April 2005


"Threshold securities only include issuers registered or required to file reports with the Commission ("reporting companies").17 Therefore, securities of issuers that are not registered or required to file reports with the Commission, which includes the majority of issuers on the Pink Sheets,18 cannot be threshold securities. This is because the SROs need to look to the total outstanding shares of the issuer in order to calculate whether or not the securities meet the definition of a "threshold security." For non-reporting companies, reliable information on total outstanding shares is difficult to determine

http://www.sec.gov/spotlight/keyregshoissues.htm



Full disclosure: Riding 85k free shares. Looking to add when divy date is announced.



This is all based on my dd and my opinion.