NASDAQ here we come
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HYPD.OB
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delayed 20 mins - disclaimer
Wednesday March 8, 8:31 am Eastern Time
Company Press Release
HyperDynamics Corporation Files Nasdaq Listing Application
HOUSTON--(BUSINESS WIRE)--March 8, 2000--HyperDynamics Corp. (OTCBB:HYPD - news), the premier ITSP (Information Technology Service Provider) and specialist in business to business eBusiness solutions, today announced that it has completed, and filed, its application to be listed on the Nasdaq Stock Exchange.
Kent Watts, chairman of the Board and chief executive officer stated, ``This marks yet another milestone in recent months, maintaining our clear track record of exceeding expectations. Late in 1999 we projected filing this application by the end of our fiscal year on June 30, 2000.
``However, I want to thank our investors for being patient with us, just the same, as we have received numerous inquiries in recent months regarding our plans for a Nasdaq Listing. Finally, here's your answer. Although the company was close to qualifications for the NMS (National Market System) Nasdaq, the company opted to file for Small Cap Nasdaq.
``We expect to qualify for the NMS Nasdaq in the coming months with increasing revenues, capital and market capitalization. Again, we look forward to several more news stories to release in the coming weeks. I am asking all of our investors to keep an eye on us.'
The company is prepared to respond to the Nasdaq Stock Market Inc. with any additional documentation that could be required for completing the process through to our ultimate listing on the Exchange. Once listed, the company expects to have a broader audience of investors to help educate and communicate its information technology services business plan to. |
