clyc--Projected 97 sales $600mil, 96 sales $5mil Message Board

STOCKTALK

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 : clyc--Projected 97 sales $600mil, 96 sales $5mil

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: george eberting who wrote (114)	4/30/1997 8:34:00 PM
From: PAUL KUCHER	of 368

Listing requirements for Nasdaq Smallcap Market $4 million in total assets $2 million in Total Stockholders equity A public float of 100,000 shares A $1 million market cap for the public float 300 shareholders A $3 minimium bid price At least two market makers Registration under Section 12(g) of the Securities Exchange Act of 1934 Should be filed next week after audited financials are released. Nasdaq National market should be filed after 2nd quarter Requirements are: $4 million in net tangible Assets $400,000 in Net income for the latest fiscal year $750,000 in pretax income for the latest fiscal year Public float of 500,000 shares $3 million market value for public float $5 minimium bid price 400 shareholders Two market makers Hope this helps for all those who have wondered what the requirements are. Marsh Supermarkets were suppose to take there first delivery of cards this week. Once I see them on sale I will report results. Just waiting for the second half of 1997 for this company to be in the spotlight with strong sales and rapid price appreciation.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next