American Green Inc (ERBB)

[Stock eyes]

IN ORDER FOR ERBB TO GET LISTED ON NASDQ, we must meet at least one requirement out of three standards.
We must have a minimum of 1,250,000 traded shares upon listing, and that does not include what is held by owners, officers, or directors which is more than 10% of the company.
There is a bid price of $4.00 or more that has to be met, as well as having a minimum of three market makers.
In addition, we need to have at least 450 "100" share shareholders, with at least twenty two hundred shareholders and averaging over one million average volume for 12 months.
We need to have pre tax earning for the prior three years of around eleven million, with no net loss.
Also, we need a cash flow of around $27.5 million for the past 3 years with no negative cash flow in that period.
Our average market capitalization for the year should be around $550 million, with revenues for the fiscal year at a ,minimum of $110 million.
When we "do" get listed, we must maintain certain standards to continue trading, and failure to do so would result in delisting.
Being on the pink sheets has it's advantages to a point whereas certain filings with the SEC are not required. But Nasdq is where its at to be recognized as those who are on it are considered better quality companies.
I don't see any problem with us being on Nasdq, but there are requirements to be met, and as we do, then we can think of being a billion dollar company to be dealt with.