Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

Not me!

I'll plead guilty to overlooking the last two words of this, but I was very quickly corrected:
"Currently traded companies qualifying solely under the Market Value Standard must meet the $50 million Market Value of Listed Securities and the applicable bid price requirement for 90 consecutive trading days before applying."

Also note the reference to "applicable bid price requirement", which is actually $4.

Also note that IF the company qualified solely under the Market Value Requirement at the time they applied one wonders how they could have had the application accepted, given that they hadn't traded over $4 for 90 days before it was submitted.