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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?


To: Ginn who wrote (12066)12/15/1998 5:50:00 PM
From: Steve Lin  Read Replies (1) | Respond to of 44908
 
hi ginn,

here's a link that will explain nasdaq listing requirement.
friedland-fin.com

to the best of my dd, CCI is a wholely owned subsidiary of TSIG. there was a contingent accounting verification issue about CCI's previous revenue back in July. i'm not sure if that accounting was indeed reconciled. however, RG stipulated an licensing agreement in case the accounting became a problem. This licensing agreement would have allowed TSIG to fully utilize former CCI's intellectual property, good will , and marketing strategy. Indeed, the CCI that we know now (to the best of my knowledge) is a brand new subsidiary of TSIG that bears the previous name.

There is no filing schedule to speak of right now. TSIG must meet the minimum NASDAQ requirements for the stipulated timeframe in order for it to be eligible for filing.

hope that helps.

best,
steve