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Wednesday, September 13, 2006 1:20:13 PM
The process to list on AIM is very specific and can be quite time consuming. If , as the PR states, they are just beginning the listing process, there is absolutely no way that, as someone hoped, it could be accomplished by Oct.1.
In fact, the exchange itself, on its own site, lists the full admission process as taking up to three years.
There is a fast track that they offer provided the company has already been trading on any number of exchanges. Unfortunately, the only one here in the USA would be the NYSE. Frankfurt also does not apply.
I think you should expect that Parkin or anyone else would be forthright enough to inform you all where in the process they are....in as much as once they de-list, it can be up to three years til you see anything official from the company.
Please do not attack me for bringing these facts to the table...it is something that all of you SHOULD want to find out and confirm or not....all part of the DD process to know where you stand at any given time.
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