Ayala Pharmaceuticals Inc (fka ADXS)

[HereToFightScams]

Iggy, do you remember jumping down my throat when I said their was subjectivity in listing requirements, and you said I was a moron and the rules were hard and fast. From Yahoo MB, someone asked the company, and this was the ADXS response. Are you going to apologize for being completely wrong (and nasty)?

"Hi Gerry,

Management was expecting NASDAQ to deliver a compliance notification after the 10th day, however it turns out that the organization has a discretion clause such that they can raise the bar, and it appears that they invoked that here.

No one wants a reverse split, particularly not management, however, given the above ruling, and the very few numbers of days remaining before delisting is scheduled to occur on June 21, the reverse split may be necessary. Going delisted removes all strategic optionality as we wait for new data and strategic updates in 2H21.

Best,

Tim"