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Re: None

Wednesday, 11/23/2022 12:11:06 PM

Wednesday, November 23, 2022 12:11:06 PM

Post# of 5352
Too..bad we haven't had..a closing $0.01 bid..since Oct.27. With the close near $0.01 every day since then, you might expect a closing bid that high. But it hasn't happened according to Stockwatch's BZWR page. Every day, it has been just a little short. I don't want to see the OTCQB status jeopardized, but there is still a 90-day cure period if the closing bid falls short this week. Unfortunately, you need ten consecutive trading days at $0.01 or better in that case, instead of just one now.

4.1.b. Bid Price Deficiency.

Companies are granted a cure period of 90 calendar days for failure to maintain the minimum bid price set forth in Section 2.3(2). In the event that the minimum closing bid price for the Company’s common stock falls below $0.01 per share for 30 consecutive days, a cure period of 90 calendar days to regain compliance shall begin, during which the minimum closing bid price for the Company’s common stock must be $0.01 or greater for ten consecutive trading days. In the event that the Company’s closing bid price falls below $0.001 at any time for five consecutive trading days, the Company will be immediately removed from OTCQB.


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