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Re: mike306oh post# 186

Friday, 03/11/2005 12:14:10 AM

Friday, March 11, 2005 12:14:10 AM

Post# of 17378
***Reverse Merger Under Consideration

Below is the short note I received tonight from Jay:

"Best way for listing is still via merger. Only if that method is clearly unavailable will we pursue alternate means."

The answer above is to my inquiry below:

----- Original Message -----
From: ................
To: jwright22@closecall.com
Sent: Wednesday, March 09, 2005 1:29 PM
Subject: AMEX

Jay,

Any news on AMEX listing? As you can see the one year graph starts looking bad, and starting next month it will look really bad. AMEX will most probably take care of the PPS. Can we expect any news vs AMEX anytime soon?

As far as I know, standard III (see below) allows AMEX listing w/o minimum PPS requirement. And to my understanding all the other requirements are satisfied.

http://www.venturelawcorp.com/listing_requirements_amex.html

Is any motivation for not forcefully pursuing AMEX listing now, rather than later?

Best regards,

Mike

My note: This will be great! It will allow a Nasdaq listing w/o the need of a R/S. And, as we all know, Nasdaq is much better than AMEX for any tech company. Since at the last radio talk show Jay was promissing to pay good attention to the better listing issue, we might not be far away of a R/M.

What do you folks think?

Mike

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