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r clarke

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r clarke

Re: mjcustm post# 147

Monday, 04/04/2016 10:53:22 AM

Monday, April 04, 2016 10:53:22 AM

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180 days for sub $1.00

... and there's an appeal process.

Market cap is 15X what is required, so continued listing should not be an issue, if they can just get rid of Khesin.




"Once a deficiency notice has been sent, the company has 90 days to comply with the continued listing standards, or 180 days if the violation was for a sub-$1.00 share price. In order to be compliant, the company's share price or market cap must rise above the minimum for at least 10 consecutive days in the 90-day (or 180-day) period."
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