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Re: Tekterra post# 5200

Saturday, 08/19/2017 4:27:18 PM

Saturday, August 19, 2017 4:27:18 PM

Post# of 7747
TEK You are DEAD WRONG PERIOD ! Proposal of RS is a prerequisite for an appeal. THIS IS FACT!!! Sorry but do better DD or I can´t take you for serious ! Study the following site, category: continued listing, sub category price, click: search and read the answer to question 5. Read and then you know you shouldn´t talk about things you don´t know !!
there you can read:

"If a company is unable to resolve its bid price deficiency during the applicable compliance period, Nasdaq Staff will issue a delisting letter. At that time, the company may request a hearing before a Hearing Panel, which will stay the delisting.

The company will have the opportunity to present its plan to regain compliance to the Panel. This plan of compliance should include implementation of a reverse stock split in the near term. In appropriate cases, and so long as a company commits to implementation of a reverse split within 180 days of the delisting notification, Panels may also consider other factors, such as the company's fundamental financial strengths and weaknesses, the overall market, the company's historical bid price, and impending disclosures, corporate actions and strategic business plans that the company believes may impact its bid price."
https://listingcenter.nasdaq.com/Material_Search.aspx?cid=14&mcd=LQ&sub_cid=83