Thursday, November 05, 2009 2:43:27 PM
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.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM