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An SEC form 10SB is the only way this company will stay listed on the OTCBB. Otherwise it will fall to the "pink sheets". The company says they have all of what it takes to stay listed and avoid an "E" extension on the stock symbol. If they do have 2 million in cash, and meet all the other NASDAQ criteria, then the stock price needs to stay above 3 dollars a share for 90 days before they can list on the regular NSDQ market. Most people are gambling that they do have what it takes, and that they will eventually have partners to provide entertainment on their website. This is a long term play for most, as there are not very many people that have "broadband" internet connections (ISDN, DSL, or cable modems). Eventually the standard will be "broadband". Maybe within the years end! But, getting in early, and getting content on their website is key here. This could be tomorrow's technology. Today, they need content, and to start filing the necessary documents to be a fully reporting NSDQ company. We are in the early stages of what could be the next internet industry that has potential to rock! It is still a year off, and many contracts short of being listed as a player. These are exciting times, but still a year off! 25 dollars a share is possible with the right contracts and financing. The first step is to be a fully reporting company. Baby steps are necessary! Content provider contracts are essential! Fox, ESPN, or Playboy! Anything! Then comes, contracts with portals that want to exploit their content are next! Who knows! This is just the beginning of something that can turn big! Someone will emerge as the winner here! AOL and Time Warner are attempting to do the same thing! Just time to watch the technology go and see if this thing can make a run! Good bet that someone will take this concept to the next level! Good tradin to ya! E |
