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YOU REALY THINK THIS WILL $1.00 TODAY
BCCI is still under the OTC pink sheets and the revenue for the past 12 months were un-audited statements. Is that correct? Until they at least go to the OTCQX i don't think i will invest in this company. OTC pink sheets is like playing with fire when you gasoline on your clothes. Just waiting to get burnt.
No... you will have 20% more stocks and that means the pps will be 20% lower in the morning. Company market cap stays the same.
Your right Doc... I did not realize it was distributed today.
Foward split just means you got more shares. The market cap will still be the same... That means your shares will be worth less.
If your not on the boat it's great to see it drop so we can get on the boat also.
I told everyone to get off on Thursday of last week. Now i am waiting to get back on at around .02 range...
I thought it would be on the close of April 2nd...
Thats fine... What i post on here is good for all to read and also the information i posted here is information that some people get a better understanding from the stock split....
Yup it will close down 20% lower due to the stock split today but, the market cap will stay the same.
OK that was news from March 25th.... Everyon knows thi all ready.
Hope your right!!! I think the same also... With a little good news would push it up higher.
Requirments for NASDAQ listing
Major stock exchanges, like the Nasdaq, are exclusive clubs - their reputations rest on the companies they trade. As such, the Nasdaq won't allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered.
The Nasdaq has three sets of listing requirements. Each company must meet at least one of the three requirement sets, as well as the main rules for all companies.
Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. In addition, the regular bid price at time of listing must be $4, and there must be at least three market makers for the stock. However, a company may qualify under a closing price alternative of $3 or $2 if the company meets varying reequirements. Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360. Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.
Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.
A company has three ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company. If a company does not meet certain criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area like revenue. This helps to improve the quality of companies listed on the exchange.
It doesn't end there. After a company gets listed on the market, it must maintain certain standards to continue trading. Failure to meet the specifications set out by the stock exchange will result in its delisting. Falling below the minimum required share price, or market capitalization, is one of the major factors triggering a delisting. Again, the exact details of delisting depend on the exchange.
Yes they did but, BCCI needs to qualify to be listed on the NASDAQ and they are far from being quailfied.
Right now it's OTC Pink sheets next level is OTCQB Then from there it's on the OTCQX. Go to otcmarkets.com to see the levels and how they qualify for each level.
I have to agree.... With a little news of sales the PPS would climb drastically...
Easter Bunny came early on thurs. He told me to jump off the boat because he told me it was taking on water. I listen to him and took 27% profit.
Mistake on market cap it might be $120 million by the end of the year...
March 21st there was only 24 trades and 17 of those trades were on the buy side. 12% gain on low volume is a good day.Now when to news of sales come out it will have much higher volume and hopefully a much higher% gain. XSNX might have a market cap of $1.2 million at the end of this year.
Yeah sometimes they hit big on the e-mailer's but, a lot of times they go down....
XSNX is ready to break out of the gates for a good run up soon. When the news of sales come out it will push XSNX up even higher. Time to load up while the volume is low.
I saw red today and pulled it all out and had a 27% return. I will get back in when it drops more so i can make more green.
12% gain for the day is good... Hopefully we get another positive day on friday. Maybe there will be some news also to push XSNX up higher.
C'mon XSNX we need volume with a 25 - 30% gain today.... It's buying time before it goes up too high.
LMAO!!!! I will just sit back and watch on this one.....
Wow !!! you think this will go there at $10 today.... I don't think so. It's on the red today.
Thats funny i emailed the company twice and never got a response. What are your ties with the company?
LMAO i see so much go on here and i find it kind of amusing from time to time.
Instead of giving $$$ thay are giving shares.
The term foward split was used to ensure you that if you own 100 shares and it's a 20% foward split. That means at the end of the you would have 120 shares.
XSUNX is ready to explode!!!!!! When the sales start coming the share price will rise to the sky.
A ride to .035 ... Hell i am in until it rides to .10 at least there.
It's a stock divedends (split foward)...
FITX should go up 800% with the volume there is on this company.
BCCI is still a bargain.... Still time to load up.
FITX looks ready to do what?
XSNX is in a excellent position marketing the CIGS and the sales will start coming in soon. Also with the patten no one else can get in the action they get the licenseing from XSNX with paying royalties...
Flipper will make some $$$$$ but, the long term holder will flourish mush more $$$$.
FITX is going to grow like a weed.... Hopefully we get a nice forward split and watch the stock fly high. The sales will climb ten fold.