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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!! -- Ignore unavailable to you. Want to Upgrade?

To: Ralph Bergmann who wrote (120)	1/22/1998 2:53:00 PM
From: Early Out	Read Replies (1) \| Respond to of 601

I just finished talking with the Investor Relations Consultant for TASA, John Dutton (213-630-4401). Here are some things I learned: 1) Amended 10-QSB should be filed tomorrow. 2) 10-KSB should be filed sometime next week. 3) The 10-KSB has been re-written to allow people to better understand what the company does. 4) Their understanding of the NASDAQ listing requirements are that if the stock is trading at or over $1.00 on Feb. 23rd (assuming all other requirements are met, which I believe they are) that TASA will continue to be listed. 5) They are working on getting institutional ownership. 6) John has some friends taking large positions. 7) They expect the stock to be trading over $1.00 on Feb. 23rd 8) There will be some announcements between now and Feb. 23rd. He didn't say what they would be, but he implied they would help push the stock price up. 9) If they do get delisted it shouldn't take long to be listed again. Based on our conversation I have dumped TASA from my portfolio. I encourage any shareholder to do your own due diligence and not take my decision to sell as a recommendation. In fact, it may be a great contrarian indicator! -jsc