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Technology Stocks : EUO - Eurotech, Ltd. -- Ignore unavailable to you. Want to Upgrade?


To: sloan who wrote (468)2/8/1998 1:24:00 PM
From: Colin Cody  Read Replies (2) | Respond to of 565
 
sloan, If they already MET the NASDAQ listing requirements then I wouldn't be saying they are getting CLOSER to it.
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By CLOSER I mean the Company does NOT YET meet the NASDAQ Listing Requirements. And until they DO meet them they will not get off the OTC-BB. And until they get off the OTC-BB I don't see this stock being purchased by the "next level" of investor, needed to move the stock into National or International recognition.
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To get listed they MUST see their Form 10 accepted. They'll NEED the S-1 being accepted. They need to CONTINUE reporting quarterly results, From 10Q 10K, And they'll EITHER need to issue more common stock to build up the EQUITY POSITION, OR they'll need to re-make application when their MARKET CAP is at the statutory minimum of $75m (and public float of $20m) and a $5.00 per share price.
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Is this a ways off? YES IT IS. Are we getting CLOSER? I HOPE SO!!
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Colin