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Cheekie

12/01/16 3:57 PM

#42185 RE: mrbigglessworth #42180

It aint gonna happen !!!
Karol Kain Gray on Delisting Once listed on NASDAQ Capital Markets, the bid price of common stock must be at least $1 per share in order to remain listed. The de-listing process is set in motion when a company trades a 30 consecutive business days below the minimum bid price or market cap. At this point, NASDAQ listing qualification department will send efficiency notice to the company, informing it that it has 90 calendar days to get up to standard in the case of the market value listing requirement or 180 calendar days if the issue is regarding the minimum bid price listing requirement.