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Re: No_Cent$ post# 1304

Friday, 01/11/2008 9:23:46 AM

Friday, January 11, 2008 9:23:46 AM

Post# of 7536
$2 minimum for AMEX and $4 for Naz are the first hurdles. After that, there are

Qualitative Standards as well. In evaluating listing eligibility, the Exchanges also consider qualitative factors such as the nature of a company's business, market for its products, reputation of its management, historical record and pattern of growth, financial integrity, demonstrated earnings power, and future outlook.

Corporate Governance Standards
Requires listed companies to adhere to its corporate governance standards

Audit Committee
The Exchanges requires a listed company to utilize its audit committee to conduct an appropriate review of all related party transactions on an ongoing basis.

Independent Directors and Audit Committee The Exchanges has various requirements regarding a company's independent directors and audit committee. Any domestic issuer must be prepared to demonstrate compliance with these requirements and ongoing compliance is also required for listed companies.

Once you have all this in place, the rest is minor like

1. Shareholders' equity $4 million
2. Total market capitalization $50 million
3. Distribution:
- 800 public shareholders and 500,000 shares publicly held
OR
- 400 public shareholders and 1 million shares publicly held
OR
- 400 public shareholders, 500,000 shares publicly held, and average daily trading volume of 2,000 shares for previous 6 months
5. Market value public float $15 million


Note: these numbers are for AMEX and are a couple of years old and may have changed





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