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RACE The Famous SI pig says MR. PINK does not lie!!
An SI Board Since April 1999
Posts SubjectMarks Bans
19 1 0
Emcee:  StockDung Type:  Unmoderated
Mr. Pink only tells the truth!!! DATA RACE is a Pink Pig
|\ /|
) \ RACE/ (
/ \ , - - - - -
( . . ) \ The Famous SI Pig Squeekbox
( ___ ) \ is seldom wrong about
\ (o o) / \@@@ crappy stocks
\ ~~~ / _ __ / )
\ \ \ ____ ( ( \
\ / \ / \ \ /
vv vv v vv

And to think that this S3/a is dated April 1, 1999 tells only the

truth about Race. Mr Pink only tells the TRUTH!!! He Does not lie!!

edgar-online.com.

32106

We Could Lose Our Nasdaq National Market Listing

We may not be able to sustain compliance with certain maintenance

criteria

that we are required to satisfy in order for our common stock to

remain listed

on the Nasdaq National Market. Our failure to satisfy such criteria,

including

the minimum $4 million net tangible asset and $1.00 stock price

requirements,

could result in the delisting of our common stock from such market.
Our
recurring losses and volatile stock price have from time to time

caused us to

fail to satisfy certain criteria. In January 1999, we successfully

appealed a

notice of non-compliance from Nasdaq that we received based on our

temporary

failure to satisfy the minimum net tangible asset requirement.

Termination of

listing of the common stock would likely have a material adverse

effect on the

market price and liquidity of the common stock, and on our ability to

raise
additional capital. Delisting could also jeopardize certain secondary

trading

exemptions from state "blue sky" laws, further affecting liquidity of

the common

stock. In addition, we would be liable for substantial monetary

penalties to the

holders of the preferred stock in the event of such a termination of

listing.

Our failure to pay such penalties could also result in redemption of

the

preferred stock.

We May Not Have Sufficient Capital If We Are Required to Redeem the

Outstanding

Preferred Stock

Under certain circumstances, we could be required to redeem a total of

2,500 shares of Series D, E and F preferred stock that are currently

outstanding, with a total stated value of $2,500,000. If we are

required to

redeem the preferred stock, we may not have sufficient cash available

to effect

the redemption. The holders of the outstanding preferred stock have

the right

to require us to redeem their shares of preferred stock for cash, at

120% of

stated value, plus accrued dividends, if any of the following happens:

. our board agrees to sell the company or the Be There! product line

to

another company, or our board consents to the tender offer of our

shares

by another company;

. this registration statement is not declared effective by the SEC

before

May 16, 1999;

. this registration statement can not be used to permit the sale of

the

shares issuable upon conversion of the preferred stock;

. we voluntarily terminate the listing of our shares on the Nasdaq

National Market;

. we fail to deliver shares of common stock upon conversion of the

preferred stock; or . we file for bankruptcy.

In addition, if our common stock is delisted from the Nasdaq National

Market, and we fail to pay required penalties to the holders of the

preferred

stock, then the holders of the preferred stock can require us to

redeem their

shares of preferred stock. If we are required to redeem the preferred

stock, we

would most likely be forced to attempt to quickly find other sources

of

financing. If we could find such financing at all, it is not likely

that such

financing would be on favorable terms. The inability to find

financing or the

terms of such unfavorable financing and our resulting lack of

liquidity could

force us to discontinue portions or all of our operations.


IN THEIR OWN WORDS!!!!!

From S3A Form on Free Edgar.

>>>The failure of our Be There! products to achieve success would

likely have

a material adverse effect on our business and our ability to continue

operations. We are currently devoting the vast majority of our

resources to the

Be There! product line. The Be There! system has had very limited

success and

has failed to generate significant revenue since it was released in

1997. The

majority of our historical revenue has come from products other than

Be There!

The revenue from these other products has been declining for several

years and

we believe the trend will continue. The market may not accept our Be

There!

products for a variety of reasons. Our inability to penetrate our

target markets

and increase Be There! sales would adversely affect our business and

operations. >>>
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ReplyMessage PreviewFromRecsPosted
19.Puck-9/30/2000
18.Puck-9/30/2000
17.Puck-9/30/2000
16.Puck-9/30/2000
15.Puck-9/30/2000
14.Puck-9/30/2000
13.Puck-9/30/2000
12 ?Paul Haynie-1/4/2000
11 .Puck-12/15/1999
10Puck-8/5/1999
9 IP Equity, Inc. Increases Stake in Information-Highway.com, Inc. PR Newswire - afrayem onigwecher-7/15/1999
8 This is a most peculiar site. Puck-5/25/1999
7 What means this site? Puck-5/24/1999
6 give that pig a bath and pedicure........... she/he <i>whatever</i>BishopsChild-4/13/1999
5 Last I heard, when a pig and a dog meet the dog usually wins - unless the pig iMarshall-4/13/1999
4 hey <i>flodyie........</i> what the heck happened to <b>CYOEBishopsChild-4/12/1999
3 ROTFLOL!! Highly impressive. Pat Patriarch-4/12/1999
2 <i>The Famous SI Pig Squeekbox is seldom wrong about crappy stocks...<BishopsChild-4/12/1999
1 if you say so........ but would it be a lie if he was just <i>mis</i&gBishopsChild-4/12/1999
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