Replies to post #16532 on Newlead Holdings Ltd. (fka NEWLF)

[MJAM2020]

I ADDED!
(1), as required by a NASDAQ Hearings Panel decision dated January 3, 2014. As a separate and additional basis for delisting, the Company was notified that it had not regained compliance, by June 23, 2014, with the $50 million in market value of listed securities requirement for continued listing on The NASDAQ Global Select Market, as set forth in Listing Rule 5450(b)(2)(A). As a result of the foregoing, the Company's securities will be subject to delisting unless the Company requests a hearing before the NASDAQ Hearings Panel (the "Panel") by July 7, 2014 to present a plan to regain compliance and address the Staff's concerns. NewLead intends to timely request a hearing before the Panel. The Company's securities will continue to be listed on The NASDAQ Global Select Market until such time as the Panel determination is made.