Replies to post #1607 on BioPharmX Corp fka BPMX

[Truufinator]

If they canceled the R/S then that's great! I was only reading the 10-K from 4/26/18.

"Although we intend to regain compliance with the NYSE American listing standards by effecting a reverse stock split if we are not otherwise able to bring our stock price in compliance with NYSE American listing standards, there is no assurance our stockholders would approve the amendment to our certificate of incorporation required to effect a reverse stock split. If we are unable to satisfy the continued listing requirements of the NYSE American, our common stock could be subject to delisting."

They seem extremely focused on keeping their listing so, to me, I wasn't comfortable holding this for now. I see that they would need a vote to make this happen. But even if they don't get the votes they still have convertible debt which will drive the price down regardless.

Not trying to spell doom and gloom just reading and making a decision.