Innovative Holdings Alliance, Inc. (IHAI)

[ThePennyStockPimp]

I would say to kick the can down the road.....

Like building a real business with real revenues, and concentrate on becoming a full reporting company first. Heck, they are still seeking the financing they need to get the first project started.
We are a long way off from thinking about uplisting to the Nasdaq.
Becoming more transparent would bring in a different level of investors on it's on. If they are a real company like some of you suggest, they do not need to reverse split right now. It would be pointless.


"Just think of how easily Major stock exchanges, like the Nasdaq, are exclusive clubs - their reputations rest on the companies they trade. As such, the Nasdaq won't allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered.

The Nasdaq has three sets of listing requirements. Each company must meet at least one of the three requirement sets, as well as the main rules for all companies.

Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. In addition, the minimum bid price at time of listing must be greater than five dollars, and there must be at least three market makers for the stock. Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360. Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.

In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.

Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.

Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.

Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.

A company has three ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company. If a company does not meet certain criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area like revenue. This helps to improve the quality of companies listed on the exchange.

It doesn't end there. After a company gets listed on the market, it must maintain certain standards to continue trading. Failure to meet the specifications set out by the stock exchange will result in its delisting. Falling below the minimum required share price, or market capitalization, is one of the major factors triggering a delisting. Again, the exact details of delisting depend on the exchange.

http://www.investopedia.com/ask/answers/121.asp



"Just think of how easily we would move post split, considering how easily we move now."


Exactly, it would make this stock more volatile. We would move down just as easily as we would move up. At the stage this company is in, that is the worst thing they could do with this stock at this point in the game. PERIOD!!

"Once IHAI delivers, then everyone will be chasing the PPS... RS or no RS."

MY POINT EXACTLY! They just need to deliver. Build the business the right way. Worry about R/S and uplisting later.

It would be a kick in the face to all of the loyal longs, and this is all they would really accomplish by a reverse split at this time.

Please, let's move on to another subject.