Friday, October 18, 2013 9:11:19 AM
https://listingcenter.nasdaqomx.com/assets/initialguide.pdf
For the NASDAQ Capital Markets under market value standards they need to have a stock be priced at $4 for 90 days before going on their board. For the $2 everyone here is bubbly over they need $6 million in revenue for the last three years. SO that's no good.
For NASDAQ Global Market they must have a $4 bid price requirement for 90 days before applying - So that's no good
For NASDAQ Global Select Market - Well that just not available to them as that too also needs that $4 bid requirement.
So maybe we can have some creative interpretations from their own rules eh?
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