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Re: Flexologist post# 322

Saturday, 07/14/2012 5:19:02 PM

Saturday, July 14, 2012 5:19:02 PM

Post# of 796
Without at least two market makers, HKACW will be DELISTED by Nasdaq for violation of continued listing requirements. NJ415 and Pennypincher1, do you know the names of HKACW market maker's before the merger was terminated? Have you spoken to them lately? smile

5455. Continued Listing Requirements for Rights and Warrants

For continued listing, the rights or warrants must meet all the requirements below:

(a) The underlying security must continue to be listed on the Global Market or be a Covered Security; and

(b) There must be at least two registered and active Market Makers, one of which may be a Market Maker entering a stabilizing bid.

http://www.nasdaq.com/about/Listing_Rules_041309.pdf

ALL IMHO

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