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Re: Cclr0007 post# 31745

Thursday, 01/27/2022 12:08:34 PM

Thursday, January 27, 2022 12:08:34 PM

Post# of 34788
Always a chance but it is HIGHLY unlikely. 30 days after SP closes under $1 the company will be given a notice saying hey are not compliant with minimum listing rules and have 180 to get the SP back over $1. If at the end of that 180 days SP is not over $1 then the company can request an extension for another 180 days if they can provide a plan on how they will regain listing requirements. So from the point the SP drops below $1 they potentially have 390 days to get SP over $1 for 10 days which would regain compliance with the minimum listing requirements. If SP isn't over $1 a year from now we have a lot worse problems then delisting.

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