CCR Video Corp said it is nowcurrent in its filing requirements with both the Securities and
Exchange Commission and NASDAQ, and meets the trading system's
net worth requirements.
    The company reported a first quarter, ended November 30,
profit of 156,726 dlrs compared to a year earlier loss of
776,000 dlrs.
    CCR also said its previously reported refinanceing in
December resulted in an extraordinary gain of 456,004 dlrs,
leaving the company with a net worth of 633,581 dlrs at the end
of December.
    At the end of November, a spokesman noted, CCR did not meet
NASDAQ's requirement of a net worth of 100,000 dlrs and has
been trading on an exception to those rules.
 Reuter
