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

To: Michael Block who wrote (2079)	1/7/1998 2:27:00 PM
From: angel	Read Replies (2) \| Respond to of 3391

Thank you Michael for being "direct and to the point". I appreciate that very much. Now we know for a fact that CSGI did apply last year for a NASDAQ listing and was turned down. I have just one more question for you please. According to the SEC filings the NASD investigation started in December 96 the same time the NASDAQ application was being made so Was the NASD investigation one of the reasons the application was turned down or withdrawn? Yes or No? Thank you!

To: Michael Block who wrote (2079)	1/7/1998 3:02:00 PM
From: tech	Read Replies (2) \| Respond to of 3391

Michael, would you please explain to angel that ConSyGen didn't file for NASDAQ once before and get turned down. From what I remember CSGI was going to raise funds to meet the requirements for NASDAQ, but those funds were not able to be raised at that time and ConSyGen waited to file this year after they were able to do the private placement for $5.1 million. (which made them able to meet the requirements) ConSyGen was never turned down by NASDAQ because they didn't file until after they raised the $5.1 million.