AmeriStar Network Inc. Form 10 Filing Update.ST. GEORGE, Utah--(BUSINESS WIRE)--Aug. 3, 1999-- AmeriStar Network Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:AMWK) http://www.ameristarnetwork.com, Tuesday announced that its Amendment No. 2 was filed with the Securities and Exchange Commission on July 30, 1999, in response to comments the company received from the SEC on July 20, 1999. The Form 10 was initially filed on May 21, 1999 and became effective July 21, 1999. AmeriStar's President, Russell Crandall, said that legal counsel for AmeriStar is working closely with the SEC to resolve all comments. Further comments are expected, but the company's filing has been given priority review by the SEC. On Jan. 4, 1999 the Securities and Exchange Commission approved amendments to NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). Rules to limit quotations on the OTC-BB to the securities of companies that report their current financial information to the SEC. The company's stock will be quoted on the National Quotation QUOTATION, practice. The allegation of some authority or case, or passage of some law, in support of a position which it is desired to establish. 2. Quotations when properly made, assist the reader, but when misplaced, they are inconvenient. Bureau's (NQB NQB National Quotation Bureau, Inc (now Pink Sheets) ) quotation system until all SEC comments to its Form 10 filing have been resolved, and then will apply for return to the NASD OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. , a process which the company's lead market maker describes as simple. For more information about the National Quotation Bureau National Quotation Bureau A service that publishes bid and offer quotes from market makers in OTC transactions. National Quotation Bureau we have provided a link to their web site from ours. Go to www.ameristarnetwork.com. Simply click on AMWK stock quote and follow the instructions. The company will be posting its stock price and new information about the company on this page. The address for the NQB is URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. www.nqb.com. This press release may contain forward looking statements that involve risks and uncertainties that could cause actual results to differ materially for the statements contained herein. Such risks and uncertainties include, but are not limited to, changes in the performance of the financial markets, changes in the demand for the market acceptance of the company's products and services, changes in the mortgage and Internet industry, and the impact of competition, and other risks disclosed from time to time in the company's regulatory reports and filings. |
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