Replies to post #42046 on Sulja Bros. Building Supplies, Ltd (SLJB)

[The_Free_Nebula]

That is if the company was already listed...

[JJSeabrook]

$1 is for "Continued Listing." If a stock, once listed on the NASD, falls below $1 for 30 days, it gets a warning from NASD. If it's still below $1 at 90 days, it is subject to delisting. Once a company satisfies the initial bid listing requirements, then they must only trade above $1.

JJ

Posted by: thehavenots
In reply to: bobrainey300 who wrote msg# 41917 Date:8/13/2006 5:28:21 PM
Post #of 41995

http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf

bid price 1 dollar