Thursday, August 17, 2017 11:49:53 PM
How long does the Appeals Process take?
Identification Number 461
Generally, the process takes two to three months from the time the notice of appeal is received from the company to the time that the Listing Council issues its decision.
The Listing Council generally meets once a month. However, a decision is not considered to be a final action until the Nasdaq Board declines to call the matter for review.
Accordingly, this may add another one to three months before the company can appeal the decision to the SEC.
The company is required to exhaust all of its administrative remedies within Nasdaq before it can file an appeal with the SEC.
Publication Date*: 7/31/2012 Identification Number: 461 Mailto Link
https://listingcenter.nasdaq.com/Material_Search.aspx?mcd=LQ&cid=107&sub_cid=2&years=0&criteria=2&materials=#
Plenty of time to wrap up the speculative merger in plan!!!
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All noise from bears again...& trying to dress AMDA red on the trading, while singing the song "amda is going to $0 soon" WINK...
AMDA BULLS SHOULD VOTE YES to support Sonny & his team to help to wrap up the speculative merger in plan.
Bears wear Bull's clothes & convince the real bulls to vote no...ahem ahem...tactical mind games to delay the progress of the merger in plan.
Didn't know that Bears can vote? very comical!
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The whole voting for R/S carries 2 purposes:
1. For the appeal hearing to buy time (while they are wrapping the merger later...once announce.)...during these time, they need to stay lised til the merger is done.
*** In order to qualify for hearing, they must have some plans to show to the hearing panels later...this DEFA14A vote "TODAY" on R/S plays 1 perfect part (together w/ other plans) for hearing qualification purpose ***
2. #1 above & possibly coordinate w/ share swapping ratio. Many of my past posts show plenty of examples already. If the R/S is used to swap share, they will announce this the same moment the merger news come out.
I have provided plenty of examples...just browse back & read my past posts & pay attention to these merger news announcement examples...
..."prior to merge ....or .....prior to close the merger...will effect a R/S..." <<<< or in the merger news if they use R/S to swap share!!!
*** NOT R/S out of nowhere ***
*** If they really wanted to fix the $1 issue to stay listed....the whole voting should have been done on July 29th, 2017 & R/S would have been effected already & the mininum $1 trading price should have been traded since July 31st, 2017 ***
*** Rushing shareholders (vote TODAY) to vote just tells me they have something surprise for bears (trying to catch the bears... while their pants is down & showing their little "zizi" ***
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As little retail investors, we only care about the day they shoot out the merger news (the day that make the bears crap in their pants)...very soon!!!
The minimum 20 days & less than 30 days time bracket to postpone the meeting is to keep the record date at 7.19.2017 (on the DEF14A) purposely...
Looks like they don't want a particular group of "bad boys" to vote on the speculative merger later!
I still believe the anticipated DEFM14A (after the PREM14A = this needs to file to SEC to review the merger/acquisiton first) later we will see...
...they can use the Sep 07, 2017 date as a voting date to approve the merger (can't find a reason why not)...anyway...we only care about the day the merger news announcement...share price instantly jump high! KACHING!
*** If merger news out tomorrow, then it's good news...if not...i won't be surprised a bit...i have NO doubt the speculative merger is happening...guessing the day they announce the news is really tough & fun too..***
*** side note: DEFM14A (merger/acquisition) is dif from DEF14A ***
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All opinions based on facts & links (many past posts) of course...
WINK @ "7948 the mole & gangs were exposed by me...trying to discredit me? BTW...I love M&M chocolate...Are you into MM chocolate?" WINK
WINK @ "Blue Popeyes...how are you? Warum versteckst du dich...komm heraus und spiele mit mir?" WINK
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