PHI Group Inc (PHIL): Here are the requirements and Henry thin...

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Re: northernwind2021 post# 37601

Tuesday, 10/06/2020 11:28:01 PM

Tuesday, October 06, 2020 11:28:01 PM

Here are the requirements and Henry thinks if he buys back most of the shares, all deals come to fruition and the lady sings. He will have a pps that will allow this to happen.

https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/

What are the rules to be listed on NASDAQ?
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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