CNQ Exchange

[echarter]

The CNQ has grown. (30 companies or so now) It is so much easier to get on than the TSX and has cut red tape to the level where it will become much more popular to small and growing companies. TD Waterhouse, Latimer and Cannacord support it, and the company website is veyr good. It gives good information and visibility to all the companies, as well as trading information that allows people to find market makers easily. It is 100% superior to the old CDNX and is a real market unlike the NEX of the TSX Venture, which is just a parking place for shells. The president of the CNQ thinks it will have CDNX like volume within a couple to three years, which would mean perhaps 150 companies. The market is one bid, one ask, which means you can get in and out at the price, and allows multi market makers, which means competition for stock at the offer.

To get on all that is required is a property of merit, 150 investors. and the necessary cash and clean structure. The CNQ exchange is not interested in just shells. To list a company is perhaps 1/3 to half the time, and perhaps 1/2 the money of the TSX. TSX takes about one year 18 months from the get go to list a company. CNQ can be completed in 6 months.

http://www.cnq.ca

We may take Wildcat on the CNQ if we can drum up the money.

EC<:-}