Pro-Dex (PDEX): Can anyone confirm that they have until...

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Re: None

Saturday, 05/22/2010 10:45:48 AM

Saturday, May 22, 2010 10:45:48 AM

Can anyone confirm that they have until July 1st to get the PPS over a $1 to stay on NASDAQ?

I would think that the company would try to avoid de-listing.

It wouldn't take much. Market cap is only $7 million.

They could buy back shares, offer a dividend or insiders could buy back on the open market.

They have 3.3M in cash
Float: 7.7M

You can find me at Nole's Mole Hole

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