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loanranger

09/09/15 7:04 AM

#121230 RE: 58nout #121228

What do you want to bet that we don't learn what the CEO meant by this in his July email to a poster...even after the 10-K is filed?
"After our annual audit is completed and filed in August/September we can approach NASDAQ (if we havent uplisted by then due to share price)."

It has been suggested that what was meant is that all that has to happen is the 10-K, with audited financials as required, has to be filed in order to secure Nasdaq's approval. Of course that suggestion was inconsistent with prior statements that not only would Nasdaq accept interim statements but they would take those statements and roll them forward somehow, if necessary.
Also note that there was no quantification of "(if we havent uplisted by then due to share price)".

Yes, "in less than a week for now we'll have more to parse and possibly much more to chew on", but there has already been enough bullshit tossed around here, and vagaries provided by the company itself, regarding this uplisting to last a lifetime. What's needed is the same thing that has been needed since June, a statement from the company that doesn't require parsing as to the status of and the exact missing elements required to secure a listing.