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Re: stockbuster post# 174197

Wednesday, 02/12/2020 2:03:42 PM

Wednesday, February 12, 2020 2:03:42 PM

Post# of 205098
a couple points on this.

fewer than 500 record holders and its assets must not have exceeded $10 million on the last day of each of the issuer’s three most recent fiscal years;



The $10mm in assets is on the last day of the last 3 fiscal years. I think it's well established that 2017 and earlier were no good. They could of had $100mm in assets at the end of FY2019 and still could apply Rule 12h-3(b)(1)(ii) if FY2017 was under $10mm.

I also think we've all argued the point about revenues vs. billing vs. earnings a thousand times on this board. His Tweets can in fact be true.