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And how do you retire at $38, McFish? haha
Noted...I'll try to stay out of the soap operas from now on.
Irish and I just had a civil exchange regarding our respective opinions. We both explained how we arrived at our views and why we're here. I believe it was a good, honest exchange of views.
I was here before Dr. Lebby too, but I don't feel like I was duped. Disruptive ideas take time to develop. Many hands play a role. Seems like he's helped take LWLG to a very good place right now.
Not sure why you only choose to cultivate discontent on this board.
Proto must have been taking a nap and Mattymatt woke him up! haha (take a chill pill)
I think your points would be valid, if this was an established company, with annual revenue from sales. I think at that point it would be more appropriate for investors to question various aspects of the business.
As it stands these guys are trying to do something that hasn't been done before, right? There aren't blueprints for what they are trying to accomplish.
(NASA had similar challenges in the early 60's...they had to do it all from scratch)
If Dr. Lebby hadn't come aboard, 5 years ago, I'd have been gone. I don't see it as the 9 years I've been here...I see it as the 5 years Dr. Lebby has been here. LWLG Mngt has accomplished a ton in that time frame and 5 years or so is not long to wait for something of this magnitude and potential.
Great explanation. My belief is that this is accurate and it's why I hang in there.
Irish...I'm being sincere. If you believe that, why would you not exit, when in the black? (I'm assuming you're in the black or close to it)
That's what I don't understand.
(If I'm in a casino and take an early beating...and then I slowly build back until I'm even or ahead a little....I'll roll, and come back some other time with a fresh perspective)
It just seems to me that some complaints here are because people are anxious and impatient to make a million dollars. Well, that may or may not happen.
Hi shazam1355...Steve S and th6565 are our LWLG official soothsayers! I'll leave it to them.
I don't feel LWLG or Mngt owe me anything, as an investor, other than adhering to the financial regulations they're required to follow as a publicly traded company. So I wonder when I read complaints about it being the same, month after month...year after year....how the NDA's are yada, yada, yada...I wonder why this "investor" didn't exit the stock when we were $2+ recently. Why didn't he run for the hills?
Give me one reason why a seriously unhappy investor, that's been unhappy for years and years, wouldn't take a small profit and leave forever, once he got into the black? I think it's because he wants his cake and wants to eat it too. Well, I don't think a pre-rev, potentially world changing stock is going to allow him that luxury.
Fast forward....the PPS is at $38/share....we're sitting at the ASM...who's going to raise their hand and ask why it's taken 5, or 10 or 20 years to get to this point? No one. These same whinners will be slapping Dr. Lebby high fives and buying the whole bar drinks.
Joseph Newman would be proud....eom
Could be, which would be nice. eom
The old style big dog corporate business model of innovation may soon be coming to an end, in certain areas. Intel's recent news may be an indication of that. I think many of these companies are seeing an interaction increase in many of there platforms. It took some time for folks to adopt online services such as banking, shopping, ticket sales, etc, years ago. Now that the flood gates have been open for a number of years we see an increase in mobile banking, etc...(not just home pc banking, etc.) People are adopting new tech much quicker than ever before. They see something driving down the road and are buying it 10 minutes later on their phone.
I think some of these companies are still slow to react to consumer demands and future tech available now. They will see that must change or never heard of before startups will start taking some of their market share.
Just a musing.
Jose may be the best host of all time! eom
th6565 = Soothsayer of the weekend! eom
Chief and Agent 86 used the Cone of Silence to thwart eavesdropping.
You can say that again! eom
Sunny Florida and took her crush on Dr. Lebby with her.
An 85k reduction equates to 1.25 MM when we hit $10. Keep the faith.
I agree with X, regarding the "technical difficulties". No speculation as to why but I didn't take it as a bad thing. A bunch of tech guys, running into "Technical difficulties", seemed farfetched to me. I believe that if LWLG wanted to present, they could have found a way. So the question is, why didn't they want to present? X gave a plausible reason....Attorney said not to.
If you go to Mailbox, there's a tab called My Removed Posts...you can view the reason it was removed. Usually Off-topic or in my case, Attacking another poster....
Does your play by play serve a purpose?
That's a sales presentation, not merely a technical update. Do you agree SteveS? eom
The Europeans think we went crazy!
And, but, and or, will get you pretty far...hahaha
Consolidation, consolidation, good for the nation....speeding up internet, and phones, and tablets....
Love those old "Schoolhouse Rock" catch phrases....
What's a bar? eom
I like this line in the press release....
"...we expect to discuss our technology not only with potential customers in the data communications and telecommunications space, but other emerging market segments as well."
Bodes well for the far-reaching/all-encompassing nature of LWLG tech.
Whatever valuation is placed on LWLG in the Datacom/Telecom segments, I think the "other emerging market segments" valuation would be an additional 20%, which would be huge in it's own right. (20% is purely my guess)
Icing on the cake, if you will.
I like this line in the press release....
"...we expect to discuss our technology not only with potential customers in the data communications and telecommunications space, but other emerging market segments as well."
Bodes well for the far-reaching/all-encompassing nature of LWLG tech.
Don't worry vein...I'm waiting for some funds to clear to buy more. PPS always increases when I'm waiting for funds...haha
Bet him th6565! eom
Yes, I see it under Chemicals as well on a different platform.
I'm not from Germany but love watching Bayern Munich play!
What Are the Listing Requirements for the NASDAQ?
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By INVESTOPEDIA STAFF
Updated Nov 26, 2020
TABLE OF CONTENTS
Listing Requirements
Earnings
Capitalization With Cash Flow
Capitalization With Revenue
Assets With Equity
The Bottom Line
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 four sets of listing requirements. Each company must meet at least one of the four requirement sets, as well as the main rules for all companies.1?
KEY TAKEAWAYS
Major stock exchanges, like the NASDAQ, are exclusive clubs—their reputations rest on the companies they trade.
The NASDAQ has four sets of listing requirements.
Each company must meet at least one of the four requirement sets, as well as the main rules for all companies.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.
A company has four ways to get listed on the NASDAQ, depending on the underlying fundamentals of the company.
Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly traded shares outstanding upon listing, excluding those held by officers, directors, or any beneficial owners of more than 10% of the company.
The regular bid price of shares of the company's stock at the time of listing must be at least $4.00. However, a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements.
There must be at least three (or four depending on the criteria) market makers for the stock. For companies using the $3 or $2 criteria, only two market makers may be required. 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 (i.e., 100 shares or more) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.
As of 2020, a company must pay a $25,000 application fee before its stock can even be considered for listing, and it can expect to pay between $150,000 and $295,000 in entry fees if successful.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.2?
Standard No. 1: Earnings
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the previous two years at least $2.2 million, and no single year in the prior three years can have a net loss.
Standard No. 2: Capitalization With Cash Flow
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. Also, 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.
Standard No. 3: Capitalization With Revenue
Companies can be removed from the cash flow requirement of the second standard if its 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.
Standard No. 4: Assets With Equity
Companies can eliminate the cash flow and revenue requirements, and decrease its marketing capitalization requirements to $160 million if their total assets total at least $80 million and their stockholders' equity is at least $55 million.
To stay listed on the Nasdaq, a company must continue to meet the minimum listing requirements or risk being delisted and removed from the Nasdaq exchange.
The Bottom Line
A company has four 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.
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. The exact details of delisting depend on the exchange.
I don't want to wait another 14 years...! haha
Congratulations to the addition!
Makes sense reds...eom