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Gold/Mining/Energy : Unitec Int. Controls Inc. -- Ignore unavailable to you. Want to Upgrade?

To: canadian crude who wrote (103)	1/21/1998 8:55:00 PM
From: Ontopequity	Respond to of 856

The exact requirements for listing on the TSE, I must relay to you at a later date as I do not yet have the information at my disposal and have been too busy to look up the info. I know the share price must be up above a certain level for a certain period of time, with a certain amount of cash in the Company in order to qualify. I believe I know these details but am not 100% sure and don't want to be innacurate in any way.I take pride in being accurate. I will certainly find out the exact amounts and details and post them ASAP. Thank you for pushing my education further along. I do know that Unitec has a fair amount of work to be done befor it can achieve such a listing. I want to make that very clear, lest you percieve that I am hyping this idea.( I have in the past, come under attack for my enthusiasm as a shareholder) As I understand it, Unitec is working towards that listing as a goal and I think that goal is both commendable and attainable.Thanks again for pushing me to further my education to get all the facts, straight and clear, all the time. Sincerely, DBT

To: canadian crude who wrote (103)	1/27/1998 2:42:00 PM
From: Ontopequity	Read Replies (2) \| Respond to of 856

The Financial Listing Requirements For TSE "Industrial Companies" are as follows: a) i) net tangible assets of $1,000,000.00 ii) earnings of at least $ 100,000.00 befor taxes and extraordinary items. in the fiscal year immediately preceeding the filing of the listing application. iii)pre-tax cash flow of $ 400,000.00 in the fiscal year immediately preceding the filing of the listing application; and iv)adequate working capital and capitalization to carry on the business. OR b) i) net tangible assets of $5,000,000.00 ii) evidence , satisfactory to the exchange, indicating a reasonable liklihood of future profitability; and iii)adequate working capital and capitalization to carry on the business. OR c) i) earnings of at least $200,000.000.00 befor taxes and extraodinary items, in the fiscal year immediately preceding the filing of the listing application; ii) pre-tax cash flow of $ 500,000.00 in the fiscal year immediately preceding the filing of the listing application; and iii) adequate working capital and capitalization to carry on the business. ( Directly quoted from the TSE listing requirements manual. For more information contact the TSE ph# (416) 947-4533) I hope this will assist you in determining the likelihood of Unitec achieving a TSE listing in the near future. It does not seem to me to be too unrealistic to expect such performance from Unitec; given the orders on hand and backlog of RFQ's. I am suprised to find that the TSE listing requirements are do not stipulate a share price of over a certain $ as the NASDQ certainly does. If anyone has the NASDQ requirements I would be very interested in seeing them. thanks, DBT.