Muscle Pharm Corporation (MSLPQ)

[Aspenots]

As far as I can find, 45 days is just a number being thrown around by people on this board. I'm using this PDf as a guide https://listingcenter.nasdaqomx.com/assets/initialguide.pdf
Based on the requirements, muscle pharm is probably going for the Equity Standard, which has a 5 consecutive trading day requirement applicable to a closing price of $3.

The $4 bid price is out of the question since the bid dropped below $4, however, Muscle Pharm can still uplist using the closing price of $3 condition since Muscle Pharm meets the condition of having over $6 million average revenues for the past 3 years, which allows muscle pharm to qualify for the $3 closing price alternative.

However, the one thing holding us up is the market value of securities of $15 million.

The application itself takes 4-6 weeks according to the PDF so I can only deduce that the market value is the hold up.

This is all new to me, but this is what my research is telling me.