InvestorsHub Logo
Followers 2430
Posts 91191
Boards Moderated 8
Alias Born 09/12/2003

Re: friendVA post# 5113

Wednesday, 06/22/2022 10:44:21 AM

Wednesday, June 22, 2022 10:44:21 AM

Post# of 6616
Isn't this new video update was about 2 weeks? I am willing to bet the next news is the extension then all the good news role out in order...imho.

Second Grace Period Optional
The Nasdaq may grant a 180-day extension of the initial grace period. In such a case, the stock remains listed throughout the extension. Not all companies qualify for this second grace period.

The market value of publicly-held shares of a company's stock must be at least $1 million. The market value is calculated by multiplying the publicly-held shares -- the total number of shares outstanding minus any shares held by officers, directors, employee stock ownership plans or beneficial owners of 10 percent or more -- by the closing bid price. These companies must have maintained the other nonprice listing requirements.
https://budgeting.thenest.com/reverse-stock-split-rules-22480.html