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horsebfree

08/19/17 3:40 AM

#5192 RE: horsebfree #5191

in these additional 180 days we likely will see milestonepayments or maybe even a merger/buyout from a SOON company
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Tekterra

08/19/17 8:20 AM

#5200 RE: horsebfree #5191

Don't try to scare people here. An RS is not a requirement for appeal. Cytrx have gotten extension without RS. They may not delist solely on one compliant issue of being under 1$. They can still get an extension if other NASDAQ requirements are good. They just have to present a plan or a case that makes NASDAQ believe they will gain compliant again in 180 days.

So no, there is no such thing as a mandatory RS proposal.