Hicks Acquisition Company Inc fka HKACW

[QTRADERQ]

Hi xbigshot. It's all spelled out in 10K (p.10)

Our failure to comply with NASDAQ’s continued listing standards may adversely affect the price and liquidity of our securities as well as our ability to raise capital in the future.

Our units, common stock and warrants began trading on NASDAQ on February 1, 2012 under the symbols “HKACU,” “HKAC” and “HKACW,” respectively. Until we were listed on NASDAQ, our units, common stock and warrants were traded in the over-the-counter market and quoted on the Over-the-Counter Bulletin Board quotation system (the “OTCBB”). NASDAQ requires listed companies to maintain minimum financial thresholds and comply with certain corporate governance regulations to remain listed. If we are unsuccessful in maintaining compliance with the continued listing requirements of NASDAQ, then our units, common stock and warrants could be delisted and may trade only in the secondary markets such as the OTCBB. Delisting from NASDAQ could adversely affect our liquidity and price of our securities as well as our ability to raise capital in the future.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8470265