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Re: TAZish post# 207432

Friday, 01/22/2010 1:45:03 PM

Friday, January 22, 2010 1:45:03 PM

Post# of 326354
Neomedia would be lucky if this year would actually qualify as a year meeting any of the criteria and standard to become eligible.
Therefore, it will be a minimum of 3 years after 2010 before being eligible for the Nasdaq... most likely.

Then, I don't see a reverse split making much sense.
If we've got 4+ years before being eligible for an exchange, then there's no reason for a reverse split. By that point, we can EARN our way up into the $5 range.

Can fund managers, etc. buy OTCBB stocks if their PPS is above $5 or so? Or do the stocks have to be on a real exchange, regardless?

I'm trying to figure out if it even makes any difference to make NEOM look 'pretty' to outsiders over the next 4+ years.