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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?

To: Tobasco who wrote (5994)	5/20/1999 5:51:00 PM
From: BarbaraT	Read Replies (1) \| Respond to of 6931

I don't know where that came from ... but not from me. As a matter of fact, that did come up on the call yesterday - actually I brought it up since it seems ludicrous to me that everyone is concentrating on our becoming nasdaq listed when we are still a sub $1 stock -- and looks like we shall remain so for a while yet. I brought this up to Don and he replied that we were still 6 - 9 months away from becoming a $2 - $3 stock. Actually, I think we may have an even longer wait- but I certainly like his optimism. Obviously, we cannot become listed if we were not fully reporting .. and that is step #1. After that it is a matter of building up the company to meet the financial requirements (assets - both fixed and liquid) .. and after that, the stock price should follow suit. Once we have a couple of strong quarters behind us, Don feels that we can go forward and make the investment community aware of TSIS. To do so now would be futile, in his opinion, since we are still too small to be taken seriously. However, a couple more quarters and with the growth that we have had and he is expecting to continue, coverage will begin on TSIS. That will bring more investors into the stock and the price up. At that time, TSIS will be ready to apply for the nasdaq listing as all requirements will have been met. But, in essence - TSIS has announced plans to become small nasdaq listed - and it does have to come after audited financials, but the "shortly" would be miraculous to say the least. I think the report has misunderstood and combined 2 different things as one ... after the audited financials, TSIS plans to become fully reporting. At some time after that, after all requirements are met, they plan to file for nasdaq listing.