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Technology Stocks : CDDD -- Ignore unavailable to you. Want to Upgrade?

To: Tom Terf who wrote (407)	12/21/1999 7:00:00 PM
From: blake roberts	Respond to of 924

I see you used to be a real trash talker for CDDD...have you seen the light too and become a SMART long, or did you also lose your a$$ shorting like good old Auric in the past?? Message 11470310

To: Tom Terf who wrote (407)	12/21/1999 7:23:00 PM
From: Sir Auric Goldfinger	Read Replies (3) \| Respond to of 924

Just fine thanks they are leather, I sued to play rugby: "C3D Faces Removal From OTC Bulletin Board Because of SEC Delay New York, Dec. 21 (Bloomberg) -- C3D Inc. shares are set to be removed from the OTC Bulletin Board next month because the Securities and Exchange Commission hasn't accepted stock- registration documents from the data-memory developer. The Bulletin Board, a quotation system for unlisted securities, included C3D yesterday in a list of stocks set for removal next month for not being current in their SEC filings. Market-makers are unable to display real-time quotes of stocks removed from the Bulletin Board, making them harder to trade. C3D, with a market value of more than $970 million, stands out from other companies on the list, many of which are no longer quoted or are worth less than $1 million. C3D stock has soared 40- fold from a 52-week low in April. It rose 3 5/8 to 70 7/8 in afternoon today as 50,600 shares traded. C3D has 13.7 million shares outstanding. The New York-based company's outside auditor, BDO Seidman LLP, warned on Oct. 22 of ``substantial doubt about the company's ability to continue as a going concern.' In its first-ever filing with the SEC on Nov. 12, C3D said its cash would run out by the end of that month and that it was seeking to raise $20 million to fund its operations over the next 12 months. The SEC hasn't accepted the registration filing for undisclosed reasons. The OTC Bulletin Board said C3D's stock ticker will change from CDDD to CDDDE on Thursday to warn investors that the company will be ineligible for the Bulletin Board on Jan. 22 unless the SEC approves an amended registration. Amended Form Michael Goldberg, a Florida attorney who became C3D's director of legal affairs on March 8, said he expects the SEC to accept the registration after it's amended and resubmitted. ``We have a comment letter and we're about to respond to it,' said Goldberg. Goldberg said the company was able to stay in business since the filing by raising $1.66 million selling stock at a 20 percent discount to its market value. C3D's registration says it has received three U.S. patents. The company says it's developed a way to store 20 hours of high- definition television programming on a disk or data card, many times more than current storage technologies such as DVD. The company has ``more than 40 patents, patent applications and patents pending,' said Goldberg. ``We are this little company that has this incredible technology.' The company has offices in Mountain View, California; Moscow; Israel; Fort Lauderdale, Florida, and New York. Goldberg and Itzhak Yaakov, chairman of the board, each received 50,000 shares valued at $4 a share on March 8, the day they became directors. Two weeks later, on March 24, the company sold 3.125 million shares -- now worth more than $200 million -- for $250,000, or 8 cents each. The buyers, who so far have more than an 800-fold return on their investment in nine months, are 16 individuals, according to the SEC registration. ``Without that money, we were dead,' said Goldberg. He said he doesn't know the identity of the buyers. ``We only care that the money was lawfully raised,' he said. ``We don't care who those shareholders were.'