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Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?


To: Trader X who wrote (1676)12/23/1997 5:03:00 PM
From: tech  Read Replies (2) | Respond to of 3391
 
Yea you are so correct.

The company has raised $5.1 million in a private placement that was done.

Their entire burn rate is only approx. $4 a year.

They have more than enough money.

BUT I AM SURE YOU ALREADY KNEW THAT

At least CSGI didn't do any Reg. S. offerings like another stock your buddy invests in. >>>> ALYD

LEGAL PROCEEDINGS

The National Association of Securities Dealers, Inc. ("NASD") in December 1996 advised the Company that it is conducting a routine review of trading in ConSyGen-Texas' common stock following the acquisition of ConSyGen-Arizona. The NASD made a written inquiry of the Company, to which the Company responded in writing in January 1997. The NASD made inquiry with respect to, among other things, a private placement by ConSyGen-Arizona, the acquisition of ConSyGen-Arizona by ConSyGen-Texas, and the issuance of common stock by the Company during 1996. The NASD has not yet responded in writing to the Company's written response. Although it is not possible to determine the outcome of this review, the outcome could have a material adverse effect on the Company and the price of and trading market for the Company's common stock."

You are really grasping at straws.

It was a routine request made over a year ago.

I am going to have great pleasure posting the contract announcements to you.

I will be buying more the last week of Dec.

Have a nice day.