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To: ayahuasca who wrote (23317)8/26/1998 10:09:00 AM
From: RocketMan  Read Replies (1) | Respond to of 50264
 
I don't know about the general concensus, but I will give you my opinion FWIW.

Is the general consensus here that DGIV will release their SB-10 without a Nasdaq listing?

The SB-10 is an SEC form required from any company that is on a national exchange such as NASDAQ. So yes, they have to release that before they are listed, as it is one of the steps in the process.

The financials, although part of the SB-10, can also be released on their own and are critically important to bolster investor confidence, and bring in new investors. Whether they do this before or after the SB-10 remains to be seen.

The numbers don't have to be great as far as revenues. In fact, I am not expecting much in the way of revenues or earnings. Keep in mind, most internet and internet-related companies are still losing money. This certainly has not kept them from astronomical valuations, since investors are looking for future earnings, not past earnings. While I hope DGIV does not reach these unsupportable valuations, it is a no-brainer that with financials on the record, the price should begin to climb as new money comes in.

The SB-10 will also contain a lot of information on their current and projected revenue sources, so we will be able to do much more research -- and so will the institutional investors. So I expect this event to also bolster confidence and bring in new investors even before DGIV gets to the NASDAQ.

Once DGIV is on NASDAQ, it will quickly become fully valued along with the other VoIP companies (e.g., IDTC), and it will still be a good investment (IMHO), but people getting in at that point will have lost out on the runup. Of course, they will also have lost out on the pleasure of being questioned and bashed on a daily basis for four or six months, but hey that's the price of glory, right? :-)