PennyWorld what is it that you can't see? Fayiz said at the last SHM that he is not planning on being quoted on any higher exchange even though that was one of his prime objective for '05, IT is easy to be in the shadows of the pinks to do as you wish without the hammer of the SEC.Pinks are not as regulated as one might think so many pinky scams out there that it is virtually impossible for the SEC to track down evey dirty pinks sheet and guess what...The CEO's especially Fayiz knows this fact.Fayiz will stay in the pinks until his death or reverse split into another shell and start all over again.This is the game of the pinky sheet market.
Pennyworld If he goes anyplace now Its to the BB and he can go there with 100 billion shares. If he only wants to become reporting than he can do that with also 100 billion S/O Plenty of reporting pinks out there. If he wants to merge with a NASDAQ Co. or get taken over by one a R/S would have to happen Because lets say a $2.00 NASDAQ Co. the S/H would not stand for equal swap of shares. And if Hilal wanted top go to NASDAQ on his own The stock would have to be trading at $4.00 Youi do the math and tell us what the R/S would be!!! IMO Hilal is staying right here as is, and will jerk us around. But he can go to the BB with billions of shares out!! I see Golfgeb is on RB ask him what happened in Jan 2003