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Re: mensplus post# 46253

Friday, 05/17/2019 3:10:22 PM

Friday, May 17, 2019 3:10:22 PM

Post# of 48147
I don't think they get a six month grace period, or at least aren't entitled to one. They've already used that one up. I believe that their appeal can be rejected at any time. Given how deeply their shareholder equity has gone in the red (per this week's posting of their financials), it seems to me that NASDAQ's credibility would fall into the "even more laughable" category if they gave them another shot at compliance.

Their 600K+ private placement (if it went through, which I presume it did, but we don't know the "subject to conditions") should get them through the end of June, given the burn rate.

Even that notwithstanding, I suspect that PT Barnum is checking the rigging on his parachute as we speak . . .
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