Cannabis Sativa Inc (CBDS): There are four different financial stand...

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RationalOptimist

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RationalOptimist

Re: YoungLonghorn post# 885

Friday, 02/20/2015 9:25:24 PM

Friday, February 20, 2015 9:25:24 PM

There are four different financial standards to get listed. I believe that CBDS meets the Standard 4 requirements, which centers around the market cap, the total assets, and the bid price. I seem to recall Gary Johnson's "goodwill" being listed as an asset on the balance sheet--hopefully, enough to take us over the minimum requirements. We do definitely need to keep the bid price over $4, but i believe it is an average over a certain period.

check out pages 6-9:
https://listingcenter.nasdaq.com/assets/initialguide.pdf

Have a great weekend, YoungLonghorn.

Go CBDS$$!

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