Monday, December 19, 2016 5:14:00 PM
You are looking at the continued listing standard. You ALSO need to look at the INITIAL listing standards - note the following in the sentence you quoted with my CAPS:
"meeting the continued listing requirement for market value of publicly held shares, AND meeting ALL OTHER INITIAL LISTING STANDARDS, with the exception of the bid price requirement."
The initial standard includes the $15M in traded market value. Look it up.
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Caller: But why did you back away from your prior guidance?
Eric Kelly: I am sorry? Hello?
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