Michael you did a very good job of compiling this information... could I interest you in doing our 10-Q? <LOL>
Forget that old book... Value it has gone up quite a bit. We are growing very fast.
Click on the AMEX requirement link, as you will see slowly but surely we are getting there. Once IPOSITE comes online, it may put us over the top. Now you guys may understand why I am being so conservative and fanatically building the book value, while being forced to tolerate the everyday trading price.
About the TA, as promised we found the problem and eliminated the source of the problem, our new account manager Myrna is doing a super good job. I dont think we will be having future problems. Like the P's and W's were the last time.
The Preferred shares are simply waiting on the 1998 audits to be submitted to the SEC, then they should start trading. I dont know when the Auditors will be finished.. (should be soon though.)
Yes we went from 487 shareholders to over 1600 shareholders in less than six months.
The Texas real estate is still in the works, the principals are in no hurry to sell, and are willing to work with us. Well I am trying to buy this property and Business's for cash, but we are still a ways from the $1,xxx,xxx. I guess we can always take on a minimal debt to make it happen sooner. But I am an anti debt freak, and hate the thought of doing that. But they have some very impressive revenues that would justify the debt.
ArchivalCD is coming along very well, and should be up and trading soon, you guys can start looking for your shares soon.
We have another couple of commercial internet sites on the shelf, waiting development.
Phipps and Company may or may not be ready to go public soon, there are some internal issues there, that has prevented this so far. But we still own 25% of Phipps.
Yup we are actively seeking recovery, past misused equity. When all this passes, I will tell you how <g> This is a great story also.
We have new companies inquiring about IPO's virtually everyday. But with the new SEC requirments we are having to pass on some very nice companies, because of the auditing issues. A GAAP audit is not cheap, and most private Business's are not GAAP audited, and are hesitant to get these, before negotiations. |
