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Re: LocWolf post# 3427

Monday, 04/12/2021 2:03:46 PM

Monday, April 12, 2021 2:03:46 PM

Post# of 4934
$2/share price — for at least five consecutive business days prior to approval, the security has a minimum closing price of at least $2 per share and the issuer has (A) market value of listed securities of at least $50M; (B) stockholders’ equity of at least $4M; and (C) market value of publicly held shares of at least $15M.

In addition, the issuer must also demonstrate that it has:

Net tangible assets in excess of $2M if it has been in continuous operation for at least three years;
Net tangible assets in excess of $5M if it has been in continuous operation for less than three years; or
Average revenue of at least $6M for the last three years.


https://www.theventurealley.com/2012/04/post/#:~:text=%242%2Fshare%20price%20%E2%80%94%20for%20at,held%20shares%20of%20at%20least



Emil Nolde

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