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Gold/Mining/Energy : BCB VOICE SYSTEMS INC. (c.BIV) -- Ignore unavailable to you. Want to Upgrade?

To: Fiducie who wrote (354)	3/2/1999 10:07:00 AM
From: Flora Wood	Respond to of 440

Hi Fiducie, We began the OTC BB process at the beginning of the year and are looking at a rough timeframe of mid-May to receive SEC approval, which we need in order to proceed to the NASD approvals. Basically the process is as follows: 1. Need a US securities lawyer to file the 20F with the SEC: this is a long, detailed explanation (roughly 20 pages) of the company's markets, business strategy and financials. The document is drafted by the lawyer and edited by BCB until we have the right representation. 2. This document, which should be finalized within the next two weeks, then goes to the SEC during which time they have 60 days to process it. 3. Typically they send comments/ questions within a 6 week period, to which BCB then responds. 4. Once the SEC registration is complete, the process from there to NASD is straightforward and does not usually involve a long waiting period.. Flora