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rusty8350

04/12/14 11:11 AM

#32887 RE: Patsfan217 #32881

It's a year. That's why I see us flying through organic growth during this year before any talks of reverse splits are warranted.

In Amendment No. 1 Nasdaq made several modifications to the proposed rule change and
responded to comments received on the proposal. Specifically, Nasdaq proposed to extend the trading period contemplated in the original filing from six months to one year and require that, prior to listing, the company timely file all required periodic financial reports for the prior year, including at least one annual report. Such annual report must contain audited financial statements for a full fiscal year following the filing of all required information about the reverse merger transaction.



https://www.sec.gov/rules/sro/nasdaq/2011/34-65708.pdf