Kandi Technolgies Corp (KNDI)

[silencedogood2011]

This requirement is for any stock wanting to list with NASDAQ. KNDI is already listed. The NASDAQ Global system is for companies wanting to list shares on NASDAQ boards in other markets, I.E. Canada, and Germany. KNDI will be paying higher fees on every share traded.

This is not a good thing in a sense to the current share holder because, the company is looking to add to their float to place more shares on the market. This will show that KNDI is looking to sell shares not make money through their standard business model.