To: esecurities(tm) who wrote (1895 ) 6/29/1998 11:49:00 AM From: esecurities(tm) Read Replies (2) | Respond to
update....[timing].[SWEBF] v. [LHSPF] hearings were scheduled for four (4) days....appears will go much? longer...we are now in day three (3)...SWEBF submitting request for a hearing re: NASDAQ NMS listing/delisting..[if] accepted by NASD [they] will stay the delisting until hearing resolution...SWEBF management is confident/(indications of) gaining a whole new set of analysts due to NewKidCo and SoftQuad International on-going reorg(s)...SWEBF may be delisted but can/will reapply...SWEBF confident of NewKidCo [at least] by Q4 qualifying SWEBF for NASDAQ NMS relisting, if necessary, and without a reverse stock-split......Air Force One, DC-3, Airbus should ship on schedule per Strategy Plus article, 30 June, tomorrow...no update on SoftQuad, [HoTMetaL] Inc. divestiture...ONLINE m erchant to launch around mid-July?...re-evaluating how to launch the product as it appears will be positioned as an entire separate business unit...bottomline it appears neither the SoftQuad divestiture nor the Lernout arbitration ruling will be made public or be known on or before 30 June 1998, SWEBF NASDAQ NMS listing qualification deadline...it also appears management anticipates [solid/predictable] profitability/earnings stability? by Q4 pursuant to a completely reorg'd company with NewKidCo, ONLINE m erchant, and Alpha Software sans SoftQuad [HoTMetaL] Inc......................
