To: xyz who wrote (9044 ) 1/29/1999 5:25:00 PM From: FlatTaxMan Read Replies (2) | Respond to
Just thought I'd like to point out that we have revenues, according to the latest financials(10/31) of $440,000(1200 members). Since we released version 2.0 on 8/28 that means the bulk of that money was earned in a 2 month period. Therefore given the same signup rate since that time we probably have done at least another $660,000 over the next 3 months to the present. But, given all the below happening's after the release of version 2.0 is seems that we probably have done a little better than that, so I'll guess that we are probably much closer to $1,360,000 over the last 5 months from 10/28. How much, in the way of revenues, do we need in a year to get that NasDaq Listing? $1,360,000 in revenues would mean we currently probably have a membership that is somewhere around 3600. There is a good chance that we are doing a little better than that. Would it make sense to start the process of getting a NasDaq Listing by doing the paper work a little ahead of time. Especially if you know, by the expanding rate of signups, you will have enough revenue to qualify. If the revenues meet the requirements how long can it be before our stock price sustains $4 for a month to qualify? Such some thinking out loud. Any comments?
