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zigbee

11/24/05 6:05 AM

#464 RE: mberto #463

Move to another exchange...


BIGN does report their financials on the pinksheets site and they are now keeping up to date with the latest 3rd Q being posted on Nov 11th. While they are making the financials available, which is unusual for a pinkie, they are not SEC compliant since the K's and Q's are not officially filed with the SEC. There is a lot of detail and work to make the filings sarbox compliant which will take money and time. The good news is that they were newly formed in 2002 and therefore do not have to account for past organizations, takeovers, mergers, etc. They have also kept clean records. I don't think we will see the move to the BB until later in 06 because of the amount of work and money it will take. It would be nice to see it happen sooner but I don't want people to get their hopes up on it and then be disappointed. For now, they will continue to keep all investors informed of the financials through pinksheets Q/K filing.

BIGN is working on the dual listing in London now and I suspect we will see that fairly soon. When this happens we will see increased volume and PPs presure from the larger potential shareholder base.