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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Justin Curran who wrote (659)3/4/1998 9:06:00 PM
From: GWD  Read Replies (1) | Respond to of 8117
 
To JustinCurran
From Jerry De Boo
Re)listing requirements for initial listing on Nasdaq.
Net tangible assets $4 milion,or $50 million market capitalization
or net income in latest fiscal year $750000
Public float of shares 1 million
Market value of public float $5million.
Minimum bid price $4.00
Market makers $3.00
Shareholders(round lot holders)3 300
Operating history 1year or $50 million market capitalization.
Corporate Governance yes



To: Justin Curran who wrote (659)3/4/1998 9:10:00 PM
From: Dan  Read Replies (1) | Respond to of 8117
 
I take it you believe a NASDAQ listing would boost interest in the stock? Is that a foregone conclusion?

Does anyone remember Mr. Jacobs' comments on a NASDAQ listing? With the potential with this product, I assume a listing on a bigger exchange would be natural.

Go Pyng!

Dan