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Re: MYPENNYGOBOOM post# 1311

Wednesday, 11/27/2013 2:01:47 PM

Wednesday, November 27, 2013 2:01:47 PM

Post# of 62121
Sorry but that won't happen. Not to mention the RS is part of the contract, so even if it hit $4 they would still need to RS at a rate of I believe 4:6 to get the share price to $6 as the contract that nobody seems to read, clearly states that the RS need to bring the share price to 150% of the NASDAQ listing requirement. So a $6 share price to meet the $4 requirement, presumably to give the company breathing room; who wants to teeter on the edge of $4 and risk not making the NASDAQ requirement?
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