Replies to post #9525 on Airborne Wireless Network (ABWN)

[Snug Harbour]

What news?

[beer$$money]

Management needs to get ABWN share price to close above .01 before July 20,18 to maintain the OTCQB Minimum Bid Test. Last time ABWN closed at .01 was on June 20th. I do not think they risk making that happen with an RS because of the time it takes to do that and the chance that it won't get approved By FINRA in time? I think they do it with big news and that is another reason why they are buying shares on the open. Helps control the float & the company. So I'm banking on copper before July 20Th on huge News soon!

https://www.nasdaq.com/symbol/abwn/historical


OTCQB Minimum Bid Test

Requirements for OTCQB listing include that the company: (i) must have a minimum bid price of $0.01 per share as of the close of each business day for each of the previous thirty calendar days prior to its application date and (ii) once quoted on the OTCQB, the company must maintain a minimum bid price of $0.01 per share as of the close of the business day at least one time per thirty (30) consecutive calendar days.

https://www.securitieslawyer101.com/otc-markets-101/