Simply Inc. (SIMPQ)

[mdimport]

What's not in doubt is that $IFON is struggling in its markets under the current business model. See what happens to $IFON June 1 after the delisting hearing.

"...As of May 1, 2017, we had not regained compliance with the bid price requirement and on May 2, 2017 we received notification from NASDAQ that on May 11, 2017 our common stock would be delisted and trading suspended unless we requested an appeal. On May 4, 2017, we requested an oral hearing before the NASDAQ Hearings Panel to appeal the NASDAQ Staff’s delisting determination. On that same day, we received a response from NASDAQ that our request for a hearing was granted, and the hearing was scheduled for June 1, 2017. At the hearing, we intend to present a plan to regain compliance with the bid price requirement, which plan will necessarily include the option of a near-term reverse stock split. However, there can be no assurance that the NASDAQ Staff will grant our request for continued listing. ..."