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Alfalpha

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Alfalpha

Re: andranigian post# 6646

Friday, 05/18/2018 5:57:35 AM

Friday, May 18, 2018 5:57:35 AM

Post# of 7536
Correction to previous post. I misunderstood what they were saying in the 10k. They can list as controlled company. If controlled, they're exempt from many corp governance rules. In this light, doubt my theory on buybacks as a way to change controlled status makes sense. Could be just to support the share price. Here's link to Nasdaq rules: http://nasdaq.cchwallstreet.com/nasdaq/main/nasdaq-equityrules/chp_1_1/chp_1_1_4/chp_1_1_4_3/chp_1_1_4_3_8/default.asp
(I believe NYSE rules are similar.)
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