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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?

To: jim geis who wrote (3400)	6/21/1999 7:43:00 PM
From: jim geis	Read Replies (2) \| Respond to of 4231

NewKidCo answers some questions. I talked with Richard Rabins about some concerns and here is his response. Q. Do you still plan on relisting NASDAQ? A.Our objective is to relist on NASDAQ when we meet the requirements We want to get real value for the shareholder by getting the stock price up. After all we are shareholders too. (Gave no time line) Q. Doesn't not registering the warrant securities cause a problem with NASDAQ? A. Whether the securities are registered in the U.S. or Canada doesn't have any bearing on getting relisted on NASDAQ. Once the securities are issued and capital raised, it shows up on the balance sheet. And one of the requirements for getting back on NASDAQ is the balance sheet. Whatever the source of capital, as long as it goes to help the balance sheet, it gives us a step forward to getting back on NASDAQ At some point we may choose to register these securities at NASDAQ if we are advised that that will help us, but that is a seperate issue. The main issue here is raising the capital, we have a better balance sheet and that is one of the factors for getting back on NASDAQ. (The question that came to mind later was "Why wouldn't you want to register them in the U.S.?" and I left him that message today.I'll report back) Q. Why wasn't Elmo is Grouchland news released formally other than on NewKidCo website? A. It was released in paper form to the investment community Q. When will it be released to the online newswires A. We will be announcing to the online newswires in a more coordinated effort later Q. How is Q2 shaping up? A. Couldn't answer that question except to say that Q2 represents about 10% of earnings. Q. Why did you use Canadian Banks instead of U.S.? A. We were able to get money raised in 2-3 weeks instead of 2-3 months Q. Any new licenses coming up? A. Closing financing put us in a much stronger position. We are having serious discussions on a number of new licenses. If you have other questions, Call Richard Rabins at 781-229-2924 I see we are back to jumping on esecurities again but I, for one, enjoy their posts, not only on this site but others. I think they are evenhanded with the shareholder first in mind. They give credit where credit is due and criticize when it isn't, and post relevant information with no comment other times. Bottom line is that esecurities provides information that me make informed decisions in real time in a chaotic, ever changing marketplace. My hats off to them and you nobody is forcing anyone to read the them.