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Originally Posted by Varius
Ahh...I read this:
"We have registered a Form SB-2 with the Securities and Exchange Commission ( United States ) to have our stock become publicly traded on the NASDAQ OTC:BB (Nasdaq Over the Counter Bulletin Board). Additionally, we will be filing for tradability with the NASD once registration with the Securities and Exchange Commission has been finalized. We anticipate our shares will be traded under the symbol ?IMAG? during the first quarter of 2005."
and went to check it incase it came out earlier than Q1 2005.....guess someone else got their symbol then and they will come out with a different one....
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You are exactly right. That is what happened. The US Securties and Exchange Commission does not issue the sybol based on any SB-2 filing approval. Once you get approval based on your filing from the SEC, a company has to file a 15c2-11 with the NASD. This is a full blown disclosure statement, that much like the SEC, must undergo a vigorous comment period, where the finiancial and market regulators get to, excuse the phrase, "look up our skirt".
The NASD now issues all symbols, and they don't so it like they used to where if you owned a Dairy Company such as "California Dairy Processor, Inc.", you could request the symbol "MILK", they started issuing symbols based on your name, thus Image 2000 Multimedia, Inc., would have been "IMAG". Thus, we won't be getting tha symbol. Hope that clears up the confusion and explain why we anticipated such a symbol.