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Technology Stocks : Forecross Corporation : Y/2000 -- Ignore unavailable to you. Want to Upgrade?

To: Rick Voteau who wrote (1110)	6/11/1998 10:47:00 PM
From: Ruyi	Read Replies (1) \| Respond to of 1654

Rick: IF I read it correctly, FRX would qualify for large cap. national listing under alternative #3.

To: Rick Voteau who wrote (1110)	6/12/1998 8:45:00 AM
From: Steve Andrew	Read Replies (1) \| Respond to of 1654

Rick and Doug.... Hey we are making a large assumption that JDR and Yuri can read....for so far, they have been unable to see the handwriting on the wall. Don't assume that JDR can read the NASDAQ listing rules...they aren't written by any rumor-mongering Vancouver based journalist.

To: Rick Voteau who wrote (1110)	9/25/1998 7:46:00 PM
From: Ruyi	Read Replies (1) \| Respond to of 1654

Listing requirements for The Nasdaq SmallCap Market(sm): Summary of minimum requirements for initial listing, effective March 3, 1997: Net tangible assets1 of $4 million, or market capitalization of $50 million, or $750,000 in net income for two of the last three years Public float of one million shares2 $5 million market value for the public float 300 shareholders $4 minimum bid price Three market makers Operating history of one year or a market capitalization of $50 million Corporate Governance Standards such as: requiring a minimum of two independent directors on its board of directors; establishing and maintaining an audit committee with a majority of independent directors; holding an annual shareholders meeting; soliciting proxies for all meetings of shareholders; distributing annual and interim reports; utilizing the company's audit committee or a comparable body to review potential conflicts of interest; and requiring shareholder approval for certain actions 1 Net tangible assets are total assets less total liabilities and goodwill. 2 The public float consists of shares that are not held directly or indirectly by any officer or director of the issuer and by any other person who is the beneficial owner of more than 10 percent of the total shares outstanding. I for one would like a satisfactory answer on just what is going on with the Nasdaq listing. Frx could have /should have gone on the OTC BB 2 years ago, a company doesn't have to be a U.S.reporting company to to list there,from what I have been told.A lot of corporate monies have been spent to get to this point, I have a difficult time accepting things could't be done to get onto a "real" exchange. Hell Toronto or Montreal would be better than this current set up.