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Fat Thor

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Fat Thor

Re: turbo29 post# 2693

Tuesday, 01/22/2019 10:13:44 PM

Tuesday, January 22, 2019 10:13:44 PM

Post# of 13887
Institutions can purchase these stocks without compliance issues. This was just downgraded not that long ago.

Total Current Assets are greater than the requirement. At 15 million in net tangible.



Penny Stock Exempt

This security is exempt from the definition of a Penny Stock under SEC under Rule 240.3a51-1 because it meets one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years.
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