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Re: PENNYPUNCHER post# 106940

Tuesday, 03/13/2018 9:20:48 PM

Tuesday, March 13, 2018 9:20:48 PM

Post# of 107227
You have to show $11M of cumulative revenue in the last 3 years, or cash flow of $27.5M over the same period, a market value of $45M, and a share price over $4, to qualify for NASDAQ.

Among others.

http://venturelawcorp.com/listing-requirements-nasdaq/

Besides, NXGH is seriously broke, with assets under $1M, half of it in "Investments".
And $8M of liabilities.

Last Q, NXGH posted a loss of ($400K) from Operations.

And recently, NXGH has been buying revenue from other companies, with no money down, and the deal can be (and will be) rescinded. That's a very strange way of doing business.
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