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Post# of 92948
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Dragon Lady

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Dragon Lady

Re: lasers post# 78895

Friday, 01/02/2015 4:42:43 PM

Friday, January 02, 2015 4:42:43 PM

Post# of 92948
"Jan 7, next Wed and $OCAT completes its listing requirement to be eligible for the Nasdaq Capital."???

How exactly is that going to work when they don't meet the minimum, $4 million in shareholder equity requirements? Per their prospectus filing and the last 10-Q, they presently have about $723K (thousand) in positive shareholder equity. That's about $3.3 million shy of the lowest tier NASDAQ requirements? READ the NASDAQ listing requirements.

https://listingcenter.nasdaqomx.com/assets/initialguide.pdf

PLAINLY stated, minimum $4 million in shareholder equity- which this company DOES NOT HAVE presently.

Also, there's nothing about the date of Jan 7th that has anything to do with their ability to list or not list on the NASDAQ?
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