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Re: 53chevy post# 1043

Sunday, 11/11/2007 1:42:22 AM

Sunday, November 11, 2007 1:42:22 AM

Post# of 27881
A little known fact about amex listing requirements, is the backdoor to rule 101a.
If you have a 3 million dollar market value of the publicly held portion of your companies shares, then there's no minimum share price to list on AMEX.

(b) Stock Price/Market Value of Shares Publicly Held—The Exchange requires a minimum market price of $3 per share for applicants seeking to qualify for listing pursuant to Section 101 (a), (b) or (d), a minimum market price of $2 per share for applicants seeking to qualify for listing pursuant to Section 101(c), and $3,000,000 aggregate market value of publicly held shares for applicants seeking to qualify for listing pursuant to Section 101(a).

http://wallstreet.cch.com/AMEXtools/PlatformViewer.asp?SelectedNode=chp_1_1_1&manual=/AMEX/CompanyGuide/amex-company-guide/


Either way you're right about this one's huge potential, turning into a great play, congrats to all longs here.


2008-The Rainmakers Moneymakers. stock symbol RAIN
http://investorshub.advfn.com/boards/board.asp?board_id=11575


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