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Slojab

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Slojab

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Re: Stock_Barber post# 2731

Wednesday, 02/08/2017 12:12:06 PM

Wednesday, February 08, 2017 12:12:06 PM

Post# of 5223
The Company cannot assure you that the Reverse Stock Split will not further adversely impact the market price of the Common Stock.

So true.

we intend to apply to have the Common Stock listed on NASDAQ. The main goal of the increase in market price is to allow the Company to meet the $4 minimum bid price requirement of NASDAQ. Subsequent to the filing of the Registration Statement, the Company applied to have the Common Stock listed on NASDAQ.

They also cannot assure shareholders that by merely adjusting the SP that the company can get a listing on NASDAQ. Their requirements are little more stringent than that.

Do they stand a chance?

https://listingcenter.nasdaq.com/assets/initialguide.pdf

You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!

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