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Re: spongeni post# 170980

Sunday, 08/23/2009 12:57:43 PM

Sunday, August 23, 2009 12:57:43 PM

Post# of 346955
If SPNG were to uplist without a reverse merger they would be a new listing, thus a $4 share price is required.

A $1 continuation pps only applies if they do a reverse merger.

I am aware Nasdaq can make exceptions, but the rule is for $4 if they do not make prior arrangements.

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