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Microcap & Penny Stocks : VLVT (was CSMA)
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To: PeterR1700 who wrote (7000)4/30/1998 12:42:00 PM
From: Richard L. Williams  Read Replies (3) of 11708
 
does the reporting issue/opportunity getus off the bulletin board?

I wish it were that easy, Peter. But CSMA has passed prolly the toughest hurdle it had before it in order to get listed.

I am most familiar with NASDAQ listing requirements, though I think Mike Millis indicated CSMA was more interested in joining the AMEX. The NAZ requires a)Full reporting (which we now have) 2)A $4 share price, sustained for a period of time I don't know 3)At least one million shares in the float. (We have 4.5 or seven, as I recall), and a price above $1 on an ongoing basis.

There are a couple of other legalistic things, but those are the biggies.

So CSMA now has two out of four. I think, as TG as stated often, that the price will take of itself from now on.

Cheers!
Rick
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