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Re: catani post# 53603

Monday, 12/05/2016 1:42:43 PM

Monday, December 05, 2016 1:42:43 PM

Post# of 104483
On further review, we meet all the NASDAQ requirements for the $2 &/or $3 pps entry level under the alternative closing price provisions...except one; **" To qualify under the closing price alternative, a company must have: (i) average annual revenues of $6 million for three years, or (ii) net tangible assets of $5 million, or (iii) net tangible assets of $2 million and a 3 year operating history, in addition to satisfying the other financial and liquidity requirements listed above."
**Wait a minute...I didn't see that 'OR' in the wording...now I don't know what to think ;)

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