NeurogesX Inc (fka NGSX)

[ShysterChaser]

My due diligence financial research on NGSX reveals that as of the close of the markets yesterday, the market capitalization for the company was circa $18millions. A corporation to keep in good standing and maintain a continuing NASDAQ listing position should have a market capitalization of $50,000,000.00 or more. I calculate that the current NGSX market cap amounts to 36% of the minimum standard market cap for a NASDAQ listing.

Since the market cap of NGSX approaches only 40% of the required market capitalization, delisting appears to be a strong possibility. All IMHO.

Comments?