Interesting thoughts.......
1) reported shorts 18K+, in reality likely three or four times???, this should make for some sweaty palms for the shorters concerned when the "halt trade" is lifted.
2) most employee incentive stock options have been priced at $6.00, draw your own conclusions....
3) next logical step for CPY will be to move it off Vancouver exchange to Toronto. From my understanding they now meet all TSE listing requirements.
As you stated.... "due diligence" is most important.
My opinion; this stock will perform extremely well over the next 24 months as the company establishes itself in the lucrative payphone market.
Disclaimer: I hold a position (and will continue to do so).
Local Pay Telephone Competition
On 30 June 1998, the Commission introduced competition in the local pay telephone service market in Canada.
The Commission has established safeguards to protect the interests of consumers in a competitive market. These consumer
safeguards are imposed on competitors as a condition to entering the local pay telephone market:
access to 9-1-1, or access to emergency services through an operator by dialing 0;
access to Message Relay Service, for the hearing impaired;
provide 6-1-1, or an equivalent, to report telephone trouble;
access to all long distance carriers, where long distance calling is available;
adhere to all Commission rules on the protection of consumer privacy;
the pay telephone company's name, address and toll-free number must be posted on or near the pay telephone;
the Commission's name, address and toll-free number (1-877-249-CRTC) must be posted on all pay telephone equipment;
if provided, operator services must comply with Consumer Safeguards for Operator Services and any other guidelines set
out by the Commission;
prominently display the rates for local calls, the name of the long distance company it has chosen and any other surcharge
(example: location provider surcharge) not included in the price of the call;
provide coin return for uncompleted coin calls and an equivalent system when a calling card is used;
must have the usual numbers and letters on the dial pad;
provide access for the physically disabled, be hearing aid compatible and meet the standards established by the CRTC for
service to the visually impaired; and
meet existing standards to prevent network harm.
This document is available in alternative format upon request.
T17-06-98 |
