If LPH were to successfully jump through the NYSE hoops in order to maintain their listing on the stock exchange would that help shareholders?
of course it would have.....but instead of filing a 10-Q, and responding to the exchange with immediate results and transparency, there is now a lawsuit that will probably drag out for years.....this is a GOOD CHOICE????
BTW, why could they not do BOTH if everything was fine????....I don't see many reputable Cos being delisted because of some mystery lawsuit strategy they keep to themselves, while also killing their PPS......Newsflash, instead, they would sue those who they think damaged them, and stay current on their filings, while satisfying the exchange concerns........ why was that so hard???
also, staying compliant would have taken some ammo out of any possible lawsuit against the Co.....instead, they fueled the fire against themselves....
PS: it's no longer LPH, the ticker is LPIH now......that's another consequence of the Co not adhering to the exchange requirements....
