Replies to post #118915 on Sulja Bros. Building Supplies, Ltd (SLJB)

[Lurker from Mars]

I'm pretty sure a forward split would add to the 300mil "not issued" as well.

[Grande25]

Okay, the float may not be a problem... lol

only need roughly 1M public float from the tables i looked at

Not really much of a float requirement from what I can tell. As long as the PPS requirement is met SLJB is probably fine with the float:

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

[Grande25]

Those "insiders" would be a subrtaction from the "public float". As quoted from the NASDAQ listing requirements:

"(3) Publicly held shares is defined as total shares outstanding, less any shares held by officers, directors or beneficial owners of 10% or more."


So, the float might get tight... but only time will tell. 13M is a lot so I don't see this becoming an issue for float requirements when the listing only requires 1.1M available to the public.

[FrankieJ]

Personally, I prefer the 13M float number until shorty has covered.

[Tradermask]

NO WAY A FORWARD SPLIT WILL HAPPEN WITH AN OS OF 500.000.000

We will go up without dreaming in FS. We dont need pumping!.