Global Medical Products Holdings Inc (GMDP)

[sbc357]

Van__h3776, or chambers 52,
What is the chance that GMDP meets this $1.00 minimum requirement to be listed on NASDAQ by doing a huge reverse split. You write "Remember, the minimum PPS to become fully listed on the NASDAQ is $1.00."
I have been in other companies fighting for their NASDAQ listing that achieved such by doing a reverse split when they could not get the share price high enough to achieve the goal on its own merits. Is this not a likelihood with this stock? If not, why not? I have bought several hundred thousand shares over the past month and I'm starting to get a tiny bit worried that I may have jumped the gun here without thinking of the other possible scenarios that could play out.

Also, I thought I read somewhere that NASDAQ lifted the $1 minimum share price requirement sometime this last year - am I wrong?

Chambers, My broker says that the dividend is ours, we do not have to hold until June. Now, you make a good argument, and I'm not fully convinced my broker is correct. There may very well be a requirement to hold till June to get the dividend. Where can we get absolute verification of the requirements?