Village Bank and Trust Financial Corp. (VBFC): Capital raise will also help maintain NC...

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Village Bank and Trust Financial Corp. (VBFC)

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Enterprising Investor

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Re: 56Chevy post# 10

Tuesday, 11/04/2014 7:31:59 AM

Tuesday, November 04, 2014 7:31:59 AM

Capital raise will also help maintain NCM listing.

On 8/08/14, the bank received a letter from The Nasdaq Stock Market, LLC informing the Company of its failure to comply with Nasdaq Listing Rule 5550(a)(4), which requires that the Company have at least 500,000 publicly held shares to maintain a listing on the Nasdaq Capital Market.

http://www.sec.gov/Archives/edgar/data/1290476/000114420414049378/v386708_8-k.htm

Thanks for the heads up. It would have been a shame to lose this opportunity due to an oversight on my part.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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