I do not believe a delisting will take place. Yes! There is a threat ongoing, but that is the usual process. A lot of big great news would drive it up over a dollar, if that was to occur. A reverse split, so hopefully it does not occur. Plus there is also a chance for a 90 day extension by the exchange. I would guess the later might occur, but that is my opinion.
OR! The company board allows a delisting, which no one really favors, not even the board I would imagine. (This is doubtful, but it is one of the choices.)
1/2 cent Vancouver penny mooching pirates!