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Thirsty Tiger

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Thirsty Tiger

Re: None

Tuesday, 02/21/2012 2:12:48 PM

Tuesday, February 21, 2012 2:12:48 PM

Post# of 733
Nasdaq $1 closing minimum bid price

In order to achieve compliance with the bid price requirement, a security must maintain a closing $1.00 bid price for a minimum of 10 consecutive business days.

RODM stays over a buck bid price at closing for 2 weeks and they are in compliance again and will recieve a letter from Nasdaq to that effect

The letter will be PR'ed (by rule) and the sp will take off to $1.50. That would be about a week or so ahead of the 10-K. If RODM then shows a substantial financial improvement and reports break even for the last Q. Then we're off to the races

"You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer". F Zappa

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