SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Cmec

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Casey who wrote (76)10/19/1999 12:26:00 AM
From: Michael Casey  Read Replies (1) of 94
 
Finally received a response from IR today:

My questions:

> I just have a few questions, so I will make it quick.
>
> 1. What is the status of the SEC filing?
>
> 2. When does CMEC plan to submit the financials?
>
> 3. Any sales of Fixxit 2000 through Tiger Direct yet?
>
> 4. What is the current share count (outstanding and float)?
>
> Thank you for your time.
>
> Michael Casey

Their answers:

Dear Michael & Julie:

The auditor is now writting his final report. As soon as it is finished
we will file our Form 10. Unfortunately the SEC then has to review and
approve our application. This can take from 30 - 60 days so we will
probably be
dropped tothe pink sheets. In the mean time we have already filed an
updated 15c211 which allows us to be relisted automatically as soon as the
SEC approves our Form 10 application.

Being dropped to the pink sheets is not the tradgedy that people think.
We have 10 brokers who have filed exemptions to allow them to make market in
our stock, we will continue to be quoted on the internet screens just as
before, and we anticipate more volume than ever due to our up-coming
accomplishments on the business side. In 60 days the stock will be back
on the BB and we will be generating significant revenues.

We have sold 500 copies of Quickfixx2000 through Tiger Direct.

Current shares outstanding our 18,000,000 with a 4,000,000 float.

Thanks for your questions. Best regards,

Rob
-----------
So it looks like 2 months without trading the stock. I would predict that when this goes back on the BB, it will start trading about .25.

Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext