Zenex International Inc. (ZENX)

[Jnmcda0]

Concerning requirements to get listed on an exchange, I believe it is $5 for Nasdaq, but $4 for the Nasdaq Small Cap. As far as a reverse split hurting the share price, it depends on the circumstances. Normally, a reverse split IS a bad thing. However, doing a small reverse split to get listed on an exchange can be a good thing.

Look at IPII earlier this year. This was another hurricane play from last year (they do roofing, stucco, etc. in the south...primarily in FL). I bought this stock around $1.5 in January, then it did a 1:4 split around April/May and went to the Nasdaq SC. For about three weeks, it slowly creeped up towards the $10 mark. Once it broke $10, it shot up to over $20 within a month. It went to around $30 before disappointing earnings dropped it back down to around $20 in August. I got a 3-bagger out of it.

ZENX could potentially do the same thing.