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Georgia Bard

05/23/01 10:51 AM

#1957 RE: Bixmann #1951

Very serious ... time frame is an unknown factor.

CIIR cash and options

:=) Gary Swancey

geezer

05/24/01 7:02 PM

#1996 RE: Bixmann #1951

Re: NAZ listing

Looks to me like this is a long way off. They need another $7,000,000 in net tangible assets for a NASDAQ Smallcap initial listing.

The last 10Q shows the company with a book value of negative $1,826,803. Included in their assets is goodwill of $1,262,776. Net tangible assets is therefore negative $,3089,579. Add the $4,000,000 required by NASDAQ and you get over $7,000,000 in additional equity required.

http://www.nasdaq.com/about/scm.stm