Predictive Technology Group Inc (PRED)

[ThomasHBS-HLS]

Predictive Technologies Group, Inc. NASDAQ Listing Compliance Requirements

The reality for commentators who pretend they are somehow on the inside and or have knowledge or information about PRED follows:


The below link is to the requirements to apply for, to be approved for listing, and remain a NASDAQ listed company.

The required compliance and disclosures to submit for listing are highlighted below, e.g., these are the same requirements that PRED complied with to file their Form 10 and subsequent disclosures and financials.

To misrepresent, misstate, and or to hide any material facts is illegal and a violation of the SEC and U.S. Federal securities laws.

The insider share manipulators on this blog, are using the common shareholder's lack of understanding of the NASDAQ listing process to create fear by making misleading and fraudulant statements so they may directly SHORT and profit from other losses.

The following link will tak you to the specific requirements PRED had to comply with and provide to list on NASDAQ., e.g., FINRA, NASDAQ, and the Securities Exchange Act of 1934 as amended rules (SEC):

http://nasdaq.cchwallstreet.com/NASDAQTools/PlatformViewer.asp?selectednode=chp%5F1%5F1%5F4%5F4%5F8%5F3&manual=%2Fnasdaq%2Fmain%2Fnasdaq%2Dequityrules%2F

For ease of understanding that the inaccurate and market manipulation statements are false, I direct you to the following sections:

1012. General Application Provisions
(c) Duty to Ensure the Accuracy, Completeness, and Current Nature of Membership Information Filed with the Exchange
(1) Each Applicant, Member, and Associated Person shall ensure that all membership information they file with the Exchange, including but not limited to their application forms and all information they file in support of their applications under Rules 1013 and 1017, is accurate, complete, and current at the time of filing.

(2) Each Applicant, Member, and Associated Person shall ensure that their membership applications and supporting materials filed with the Exchange remain accurate, complete, and current at all times by filing supplementary amendments with the Department, as necessary. Such amendments to the application shall be filed with the Department not later than 15 business days after the Applicant, Member, or Associated Person learns of the facts or circumstances giving rise to the need for the amendment. The Applicant, Member, and Associated Person shall promptly notify the Department in writing of any material adverse change in its financial condition.

1013. New Member Application
(2) When an Application is Deemed to be Filed

1014. Department Decision

2100. General Standards
IM-2110-4. Trading Ahead of Research Reports

IM-2110-5. Anti-Intimidation/ Coordination

2120. Use of Manipulative, Deceptive or Other Fraudulent Devices

2130. Nasdaq Ownership Restriction

2140. Interfering With the Transfer of Customer Accounts in the Context of Employment Disputes

2150. Customers' Securities or Funds

IM-2150. Segregation of Customers' Securities

2160. Restrictions on Affiliation
(a) Except as provided in paragraph (b):
(1) Nasdaq or any entity with which it is affiliated shall not, directly or indirectly, acquire or maintain an ownership interest in, or engage in a business venture with, a Nasdaq member or an affiliate of a Nasdaq member in the absence of an effective filing under Section 19(b) of the Act; and

(2) a Nasdaq member shall not be or become an affiliate of Nasdaq, or an affiliate of an entity affiliated with Nasdaq, in the absence of an effective filing under Section 19(b) of the Act.

The term "affiliate" shall have the meaning specified in Rule 12b-2 under the Act; provided, however, that for purposes of this Rule, one entity shall not be deemed to be an affiliate of another entity solely by reason of having a common director. The term "business venture" means an arrangement under which (A) Nasdaq or an entity with which it is affiliated, and (B) a Nasdaq member or an affiliate of a Nasdaq member, engage in joint activities with an expectation of shared profit and a risk of shared loss from common entrepreneurial efforts.

IM-2210-1. Guidelines to Ensure That Communications With the Public Are Not Misleading
Members and persons associated with a member shall comply with NASD Interpretive Material 2210-1 as if such Rule were part of Nasdaq's rules.

2261. Disclosure of Financial Condition
Nasdaq Members shall comply with FINRA Rule 2261 as if such Rule were part of Nasdaq's Rules.

2262. Disclosure of Control Relationship with Issuer
Nasdaq Members shall comply with FINRA Rule 2262 as if such Rule were part of Nasdaq's Rules.

2269. Disclosure of Participation or Interest in Primary or Secondary Distribution
Nasdaq Members shall comply with FINRA Rule 2269 as if such Rule were part of Nasdaq's Rules.

2310A Direct Participation Programs
(a) Nasdaq Members and their associated persons shall comply with FINRA Rule 2310 as if such Rule were part of Nasdaq's Rules.

2370. Borrowing From or Lending to Customers
Nasdaq Members and persons associated with a member shall comply with FINRA Rule 3240 as if such Rule were part of Nasdaq's Rules.

2852. Reporting Requirements
(a) Each member shall file with Nasdaq Regulation a report with respect to each account in which the member has an interest, each account of a partner, officer, director or employee of such member, and each customer account of the member, which has established an aggregate position of 100,000 index warrants on the same side of the market in an index warrant issue listed on Nasdaq, combining such index warrant position with positions in index warrants overlying the same index on the same side of the market traded on Nasdaq or another national securities exchange.

(b) Such report shall identify the person or persons having an interest in such account and shall identify separately the total number of each type of index warrant that comprises the reportable position in such account. The report shall be in such form as may be prescribed by Nasdaq Regulation and shall be filed no later than the close of business on the next business day following the day on which the transaction or transactions necessitating the filing of such report occurred. Whenever a report shall be required to be filed with respect to an account pursuant to this Rule, the member filing such report shall file with Nasdaq Regulation such additional periodic reports with respect to such account as Nasdaq Regulation may from time to time prescribe.

3000. Responsibilities Relating to Associated Persons, Employees, and Others' Employees
3010. Supervision
(a) Each member shall establish and maintain a system to supervise the activities of each registered representative and associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations and with applicable Nasdaq rules. Nasdaq members shall comply with NASD Rule 3010 as if such Rule were part of Nasdaq's Rules. Nasdaq and FINRA are parties to the Regulatory Contract pursuant to which FINRA has agreed to perform certain functions on behalf of Nasdaq. Therefore, Nasdaq members are complying with Nasdaq Rule 3010 by complying with NASD Rule 3010 as written, including, for example, filing requirements and notifications. In addition, functions performed by FINRA, FINRA departments, and FINRA staff under Nasdaq Rule 3010 are being performed by FINRA on behalf of Nasdaq.

3011. Anti-Money Laundering Compliance Program
Nasdaq Members and persons associated with a member shall comply with FINRA Rule 3310 as if such Rule were part of Nasdaq's rules.

3030. Outside Business Activities of an Associated Person
(a) Nasdaq Members and persons associated with a member shall comply with NASD Rule 3030 as if such Rule were part of Nasdaq's Rules.

3050. Transactions for or by Associated Persons
Nasdaq Members and persons associated with a member shall comply with NASD Rule 3050 as if such Rule were part of Nasdaq's Rules.

IM-3310. Manipulative and Deceptive Quotations
Rule 2110 provides that:
A member, in the conduct of his business, shall observe high standards of commercial honor and just and equitable principles of trade.

5800. Failure to Meet Listing Standards
5801. Preamble to the Rules and Procedures Applicable When a Company Fails to Meet a Listing Standard

Securities of a Company that does not meet the listing standards set forth in the Rule 5000 Series are subject to delisting from, or denial of initial listing on The Nasdaq Stock Market. This Section sets forth procedures for the independent review, suspension, and delisting of Companies that fail to satisfy one or more standards for initial or continued listing, and thus are "deficient" with respect to the listing standards.

The Listings Qualifications Department is responsible for identifying deficiencies that may lead to delisting or denial of a listing application; notifying the Company of the deficiency or denial; and issuing Staff Delisting Determinations and Public Reprimand Letters. Rule 5810 contains provisions regarding the Listing Qualifications Department's process for notifying Companies of different types of deficiencies and their corresponding consequences.