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Microcap & Penny Stocks : clyc--Projected 97 sales $600mil, 96 sales $5mil

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To: P.Hronis who wrote (7)3/17/1997 3:48:00 PM
From: Chip Peiffer   of 368
 
News release out on March 13

CLYC is in the process of applying for a NASDAQ listing. They should have year end numbers for Dec. 31, 1996 out by end of this month. They have the phone cards in inventory now, and are shipping them daily. There was a delay due to GM, changing the logo they wanted them to use. They will not meet their expectations for the first quarter due to this delay. They are selling the cards at the winston races. I have a call in to see how they did last weekend. As I get more info I will post it here.
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