BlueNRGY Group Ltd. (fka CBDEF)

[SilentSniper]

From the last 20F filing-

"We are filing this registration statement on Form 20-F in connection with our intention to have our ordinary shares begin trading on the OTCBB and the filing of an application for the eventual listing of our ordinary shares on the NASDAQ Capital Market under the symbol “CBDE"



C. Markets

Our ordinary shares are listed and traded on the Australian Securities Exchange Ltd., or ASX. We have applied to NASDAQ to have our ordinary shares traded on the NASDAQ Capital Market, but it is unlikely that our application will be approved prior to the effective date of this Registration Statement. NASDAQ is continuing to review our application and qualifications and has advised us that at least the following conditions must be met in order to meet the applicable NASDAQ listing requirements, only some of which are within our control:


- effecting the share consolidation (reverse stock split) that was approved by our shareholders at our annual general meeting of shareholders on November 26, 2013 at a ratio that results in the trading price of our shares exceeding US$4.00;


- achieving a market capitalization of our ordinary shares of at least US$15 million (as calculated in accordance with the applicable NASDAQ Marketplace Rules);


- achieving a value of our stockholders’ equity of at least US$5 million;


- appointment of at least one additional independent director; and


- agreement of at least three NASDAQ-qualified broker-dealers to serve as market makers for our ordinary shares.


They began trading on NASDAQ exchange June 13th

"CBD Energy Limited (NASDAQ:CBDE) today announced the pricing of its public offering of 1,810,000 ordinary shares, at an offering price of $4.00 per share. CBD has granted the underwriters a 45-day option to purchase up to 271,500 additional ordinary shares to cover over-allotments, if any. The ordinary shares of CBD will begin trading on The NASDAQ Capital Market under the symbol "CBDE" on June 13, 2014."

http://www.nasdaq.com/press-release/cbd-energy-limited-announces-pricing-of-public-offering-of-ordinary-shares-20140613-00248