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Re: ELdorado413 post# 49457

Thursday, 01/12/2012 1:25:42 PM

Thursday, January 12, 2012 1:25:42 PM

Post# of 95190
Have to be $5+ on listing:

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.



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