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Re: I_M_Bandit post# 24978

Thursday, 11/05/2009 2:43:27 PM

Thursday, November 05, 2009 2:43:27 PM

Post# of 47790
RE: NYSE Amex Equities

In order to move to another exchange (such as the NYSE Amex) they would need to meet the listing requirements. Currently they have -2M in Shareholder Equity so they need to either make some money or have a good portion of the O&G deal fall into SE.

http://www.amex.com/equities/howToLst/Eq_HTL_ListStandards.html

If they were to move to another exchange it would likely be based on the company as a whole. The company isn't really large enough for a divestiture event such as a spin-off or carve-out.