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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII)
CIO 6.970+0.1%Dec 26 9:30 AM EST

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To: Sam Quentin who wrote (1685)12/11/1998 4:39:00 PM
From: chirodoc  Read Replies (1) of 6039
 
cti is not really waiting for sec clearance
for any one thing
they have the goal of being a fully listed stock
and out of the bulletin board category

i believe they need to be fully reporting
and over $6 for a period of time
to have full nasdaq status

to raise capital it helps to be fully listed
there are many brokerages that will not buy your stock
unless you are fully listed and on nasdaq

to raise capital to fight off competitors
they will, like most companies, be able to use
stock value to go shopping

at least that is the TYPICAL reason
companies want to be public and listed

curtis
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