Avid Sportswear & Golf Corp. Files Form 10-SB.SARASOTA, Fla.--(BUSINESS WIRE)--Dec. 1, 1999-- Avid Sportswear & Golf Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AVSGE) ("Avid Sportswear") Wednesday announced that it filed a Registration Statement on Form 10-SB with the Securities and Exchange Commission. In January 1999, the National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. Inc. adopted eligibility rules eligibility rules, n.pl the conditions that define who may be entitled to dental benefits, when persons first become entitled to such benefits, and any provisions that determine how long an individual remains entitled to benefits. to limit quotations on the 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. to companies which file current, publicly available reports with the Securities and Exchange Commission. Pursuant to a phase-in schedule, Avid Sportswear's common stock will not be quoted on the OTC Bulletin Board as of Dec. 2, 1999. Upon the effective date of the Form 10-SB, Avid Sportswear will be eligible to again have its common stock quoted on the OTC Bulletin Board. |
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