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Re: Mikey Mike post# 210455

Friday, 05/02/2014 2:08:38 PM

Friday, May 02, 2014 2:08:38 PM

Post# of 795963
Yes there are multiple requirements. Even if the pps had to be $4 bid at the time of uplisting, re-listing, all the necessary paperwork, preparation can be and should be in progress. I believe it took Berkowitz letter to the Board to get the ball rolling. If it turns out that in nyse's review, that they say the bid has to show $4 minimum, then the Board should at least have everything else ready to go. My main point is that I believe, that they have finally started the preparation for uplisting. I'm not convinced that we have to wait for the pps to show $4 on the bid, but if so, that part should not take too long from now. Nasdaq now has some $2 and $3 pps exceptions, also. Uplisting is something that would really move the stock, and the Board should have been working on it before Berkowitz addressed them. As an investor I don't want to be out when that happens.