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TenKay

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TenKay

Re: DewmBoom post# 65640

Saturday, 09/09/2023 11:31:10 AM

Saturday, September 09, 2023 11:31:10 AM

Post# of 71416
The difference with IDEX was the recent 1:125 RS was their first one. They did not do any reverse splits during the grace periods. They waited until they were at the very end of their rope.

In the case of MULN, they have done two during the grace period totaling 1:225. Another one would put them over 1:250, so Nasdaq may not be as accommodating.

But I do agree with the notion the Nasdaq will usually work to keep a company listed (those listing fees are pretty big) within their rather generous rules.

1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95% chance of being right about.
3) Am I a paid basher?
Answer: Wait…what? You can get paid for this?

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