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Re: Pennymonsters post# 166

Sunday, 01/20/2019 8:18:27 AM

Sunday, January 20, 2019 8:18:27 AM

Post# of 318
No one loves a reverse split OR ENGLobal!
If the Company is not in compliance by May 28, 2019, the Company may be afforded a second 180 calendar day period to regain compliance. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, except for the minimum bid price requirement. In addition, the Company would be required to notify Nasdaq of its intent to cure the minimum bid price deficiency, which may include implementing a reverse stock split.
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  • 5Y
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