News Focus
News Focus
icon url

Scandle34

07/22/10 9:09 PM

#59699 RE: umiak #59692

QX is only of value to legitimate foreign issuers that seek access to American investors in addition to their home listings (TSE, Frankfort, London, etc) without incurring double costs for dual country reporting.

I see no long term value in it for JB. Touting it makes no sense. Any large PIPE investor could have gotten their broker-affiliated MM to file 15C211 with the recent filing and some (eg Kidd) might require it to sell their shares...

No 6 month PIPE exit without OTCBB required reporting.
icon url

Rawnoc

07/22/10 9:12 PM

#59703 RE: umiak #59692

There's probably some brokers/funds that can buy who couldn't before and since it requires more DD of the company to get accepted to the exchange it can't hurt with an eventual AMEX or NASDAQ application.