No. It was said that we need $3.00 a share or higher for 20 consecutive trading days to qualify for the NYSE markets. PREFERABLY $300 a share.... with the same 200 / 1 reverse. The .015 level is merely the minimum current price for the reverse to accomplish the 3 dollar mark.
The point of making the reverse so large was to put a layer of protection in case shareholders wanted out or a shorter hit etc.
IMVHO, you may want to pick some shares up tomorrow. Try to recoup a few bucks from your last time here. I think you'll find the PPS will go back to the 3 cent range pretty quickly.
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