InvestorsHub Logo
Followers 239
Posts 6861
Boards Moderated 0
Alias Born 01/21/2017

Re: Xylan post# 28063

Sunday, 03/26/2017 8:48:04 AM

Sunday, March 26, 2017 8:48:04 AM

Post# of 61601
They don't HAVE to meet the same requirements as listing for the first time. They only have to 'fix' the problems that got them delisted, within 180 days.
ICLD has not stated which things they have accomplished so far, but obviously they have gotten their reporting back on schedule. The stock price is an obvious issue that needs to be improved, and the R/S by itself won't do that. So, they must have something else in store to get back to $1 and stay there. Any other issues with Nasdaq will probably not be publicized separately - 'fixing' a problem does not rate a PR blurb. The blurb will probably be the mention of being relisted, which in itself is critically important - many investment firms won't touch OTC stocks.