Don't know if your still around on this, but the RS is approved at an ratio of 1/2. So, if they plan/want to remain listed on the Nasdaq, they would need to effect the RS @ a PPS of at least .50. And, that would only put them at an $1. Got a strong feeling they want the post RS PPS to be at least $1.50...meaning PPS would need to get up to around .75...possibly even higher. They won't be in danger of delisting until they recieve notice, at which point they will then recieve an grace period of 6 months. Interesting set up here. JMO
The stock market is an predator / prey scenario where the Companies and their lenders are the predators and retail IS the prey. Play wisely!
