Biostar Pharmaceuticals, Inc. (BSPM)

[gpg]

A lot of companies make the move from AMEX to Nasdaq - the downside is cost. Obviously, it would be preferable and cost efficient to just go straight to the Nasdaq. I do think the Nasdaq listing requirement is 30 or 60 days of trading over $4. A reverse split prior to uplisting would take care of the pps issue though as they would look at the post RS split price and apply that backwards to meet the requirement (this happened with GFRE last fall). Obviously a RS would require board approval though. Here's a link that provided some helpful info on the Nasdaq uplisting requirements.

http://www.nasdaq.com/about/NGSRequirements.pdf