PowerLinx Inc (PWNX)

[proxime]

Conversation with Lou Meade at amex. (can be found on amex.com - business development reps)

5 minute conversation. Basic points were:

About how long is the application process taking?

Length of application process is quite variable, depends on how quickly the company responds, how many questions are on amex's "comment letter".

Once amex grants approval, is it generally the case that a PR is put out immediately or can the company decide to delay an announcement?

Once approval is granted, it is up to the company to decide when to actually go over. Some companies want to list quickly, others want to wait and time the announcement.. . it's up to the company"

Can you tell me if a particular company has applied?

("No, that is confidential . . you can call the company itself however")

Is there any way for a private individual to get a sense of how far along an application is?

"no".