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Strategies & Market Trends : ICCSA -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (27)	3/17/1999 8:12:00 PM
From: dumbmoney	Read Replies (1) \| Respond to of 361

ICCSA/ICCAC filed a 10Q today. Some highlights: - another barnburner quarter for CommerceSense(TM) with $16,000 in revenue. Maybe they should open a lemonade stand to boost revenue. - Reason for the increase in the size of the floorless convertible: "The Company appealed the Panel's decision to the Nasdaq Listing and Hearing Review Council and increased the size of its original proposed preferred stock private placement to further ensure its projected compliance with the net tangible assets provision." - Company has enough cash to operate until April 30. - On February 4, 1999, Mr. Arthur Medici, the former President of the Company, informed the CEO and Chairman of the Board, Mr. Richard Berman, that he was tendering his resignation as President of the Company effective February 28, 1999. - No indication that the company has closed yet on the floorless convertible offering.