Prism Technologies Group Inc fka PRZM

[KOmani]

Within the next couple of weeks, the company will have to state it's intention for a reverse split.

See:

http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=11195727&RcvdDate=2/19/2016&CoName=PRISM%20TECHNOLOGIES%20GROUP%2C%20INC.&FormType=8-K&View=html

"If the Company is not in compliance by August 15, 2016, the Company may be afforded a second 180 calendar day period to regain compliance. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The NASDAQ Capital Market, except for the minimum bid price requirement. In addition, the Company would be required to notify NASDAQ of its intent to cure the minimum bid price deficiency by implementing a reverse stock split if necessary."

It should be ok for the second 180 days as I believe shareholder's equity is still above $2.5 Million.