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Re: KngmAz post# 806

Tuesday, 10/17/2023 11:31:49 AM

Tuesday, October 17, 2023 11:31:49 AM

Post# of 1089
This stock has until March 11th,2024 to get the share price to $1.
If it does not achieve the $1 price there are no more extensions issued by Nasdaq.

The CEO will have 2 choices.
1) Reverse split the stock to get the share price over $1 or
2) the stock will be de-listed and will not be allowed to trade on Nasdaq. It will then have to trade on the OTC.

Most CEO's choose option #1 when confronted with de-listing from Nasdaq.

Time will tell.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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