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

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

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To: george eberting who wrote (181)	6/6/1997 1:35:00 PM
From: george eberting	of 368

On June 4, Carl Smith said:<We look forward to now finalizing our registration statement and immediately making application for NASDAQ small cap listing> I went to nasdaq.com.sec to review listing requiriments. In a nutshell: Tangible Assets: $4 mil in Net Tangible Assets, or $750,000 in Net Income in 2 of the last 3 years, or Market Cap of at least $50 mil. Public Float(shares): 1,000,000 Market Value of Public Float: $5,000,000 Bid Price (min): $4.00 No. Market Makers: 3 No. Shareholders (min): 300 Operating History (years): 1 or, market cap of $50,000,000 if operating history is less than 1 year I think WT or someone else posted this info a short time ago, but it seemed appropriate to look at it again. Question: How we gonna get to $4.00 bid? Answer: We either have one hell of a lot of demand for CLYC shares to drive the price up,or perhaps we're looking at a reverse split (1 for 4). Question: Where are we on the other requirements? Question: How long does the application process take if you otherwise meet all of the listing requirements?

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