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Re: 1flaguy post# 4488

Thursday, 04/10/2014 7:03:20 AM

Thursday, April 10, 2014 7:03:20 AM

Post# of 34668
Maybe she forgets the rules of staying on nasdaq. In my opinion they can't do another, due to the float restrictions and/or market cap.

Quantitative Requirements. To be listed on the NASDAQ National Market, a company must have net tangible assets of $6 million and net income in the latest fiscal year or two of the past three fiscal years of $1 million. In addition, these companies must have a public float of $1.1 million, a market value of the public float of $8 million, a minimum of 400 shareholders, and at least three market makers.


Capitalization Alternative. Companies that do not meet the quantitative requirements may nevertheless be listed on NASDAQ if they have a market capitalization of $75 million or total assets of $75 million and total revenues of $75 million, an initial minimum bid price of $5.00, and meet certain other requirements.

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