Considering the company is at a pre-tax loss, it is nowhere near $750,000 in pre-tax income.
So it misses qualification there.
Secondly, it has a shareholder deficit, and seriously misses the $4 million in shareholder equity, so it misses that qualification as well.
Third, it has a market cap of $15 million, which falls seriously short of the $75 million original listing requirements,
and finally, it falls very short of the $20,000,000 value of the public float.
Therefore, with all those misses, the $3 minimum bid price is moot.