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Dubb10

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Dubb10

Re: StinkinAson post# 613

Friday, 05/12/2017 12:07:24 AM

Friday, May 12, 2017 12:07:24 AM

Post# of 3061
I would anticipate one if they want to stay on the current exchange.

Since they are on a major exchange, they may have to perform a R/S in order to meet a minimum requirement for the stock price. I believe that the minimum price to be $1 for NYSE. Relying on news to push the price over $1 and stay over is difficult to do.

The exchange will send a warning to them stating that they are no longer in compliance, and they have a certain amount of time to comply (usually 6 months). Otherwise, their stock will be delisted and demoted to OTC.

My posts are solely my opinion unless presented with (or directed to) factual information. All investors are strongly encouraged by myself to do their own due diligence before making an investment decision.

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