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Technology Stocks : BillServ.Com(BLLS) Going for the EBPP Market Small Billers -- Ignore unavailable to you. Want to Upgrade?

To: Paul S. who wrote (202)	3/28/1999 1:16:00 PM
From: Julie Simmons	Read Replies (1) \| Respond to of 918

After looking back through the thread, this is what I have come up with. *** A Form 211 is not required for listing on Nasdaq; however, the average time of approval for listing on Nasdaq is 6-8 weeks. otcbb.com In Redman's post (192) it says >>that within 60 days they expect to move from the BB to the NASDAQ small cap<< We know that approval time is 42-56 days, so I would expect that BLLS is filing for NASD listing this week. In TLindt's post (143) it states from a news article that BLLS officials went to NY to raise between 15-20 Million, with Company officials to have underwriters lined up by early March. It also states that the offering could take place as early as this summer. (which would be around 60 days from now). OK so we know that a form 10 has been filed which would be required for NASD listing, but would also be required by any investment firm before a secondary offering. So as far as time line is concerned, I would guess that maybe this week we will get official confirmation of NASD application and even possibly find out which investment house is underwriting secondary offering. TL, what do you think, does this all make sense.