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bigfish1972

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bigfish1972

Re: MrDemas post# 136941

Thursday, 03/27/2014 3:16:35 AM

Thursday, March 27, 2014 3:16:35 AM

Post# of 141652
Yes, you are correct. This new rule of .01 minimum bid price only applies to OTCQB (which RFMK currently is). If RFMK wants to stay on OTCQB, they must either somehow miraculously get their share price back over .01 for 30 days, or do a R/S. The other option is to delist to the pink sheets again. I'm almost certain that they couldn't give a crap about what their stock trades at, just so long as they have bids to hammer. That leaves delisting to pinks or R/S as their 2 options.
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