Muscle Pharm Corporation (MSLPQ)

[ID Supermoney]

Not true!!!

http://www.redchip.com/blog/index.php/uncategorized/sec-approves-alternative-nasdaq-listing-requirements/#.UWTKZVeyLAM

Under the new NasdaqCM requirements, a stock can qualify for listing if it closes at $3 or above for at least five consecutive business days prior to approval. The five-day requirement is in place to reduce the risk of price manipulation aimed at allowing a security to qualify for listing. In addition to the $3 share price requirement, the company must meet the following requirements:

Stockholders’ equity of at least $5 million
Market value of publicly held shares of at least $15 million
Two years of operating history

Or:

Net income from continuing operations of $750,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years
Stockholders’ equity of at least $4 million
Market value of publicly held shares of at least $5 million.

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