I see: another simplified overview, the Cliff Notes version: to be de-listed has to fall below a buck for 30 days or more I think, unless it's changed, note also various income and capitalization options,
but I think this company's just wanting to go QB which is a penny min. and they were almost there again recently, will just take a catalyst or short squeeze or something to hit that again, the option of going upto 1:100 is just to give them max. room to maneuver.
Did it say in the filing they're aiming for NASDAQ specifically short-term?
They've been working on some "big deals" as far as I've heard and that can change everything in a flash.