Thursday, April 06, 2006 6:19:28 PM
Looks like we're pretty darn close then:
Standard 3
1. Shareholders' equity: $4 million
According to 10K, this is over $7M.
2. Total market capitalization $50 million
Take 4B OS at .0125 PPS and you get $50M Market Cap.
3. Distribution 800 public shareholders and 500,000 shares publicly held
OR
400 public shareholders and 1 million shares publicly held
OR
400 public shareholders, 500,000 shares publicly held, and average daily trading volume of 2,000 shares for previous 6 months
I guess we got this covered.
4. Price $2
Whatever RS is needed to get to 2$. A 1/200 would get us to $2.50 right now.
5. Market value public float $15 million
I think we're okay here too, aren't we?
bry
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