Friday, April 03, 2020 9:48:02 AM
The only way this will RS in my opinion will be if by chance after all the manuvering is completed and this is not at the minimum Bid for the move up then and only then would they RS...but people must also understand...and many dont...you can not move to the NASDAQ with out meeting all of these requirements...its not just the minimum Bid its:
What are the rules to be listed on NASDAQ? To be listed on the NASDAQ exchange and reporting system, the following requirements:
Shareholders Equity of at least $2,000,000
At least 100,000 shares of public float
A minimum of 300+ shareholders
Total assets of $4,000,000
At least two market makers
$3 minimum bid price of the company stock
Public float market value of $1,000,000
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