Replies to post #19151 on Sugarmade Inc (SGMD)

[GetRich902902]

Maybe he is finishing everything up for the financials

[Occasian]

One thing to keep in mind, to remain OTCQB, you must maintain a bid price of $0.01. It cannot fall below $0.01 for longer than 90 days grace period, and must remain above $0.01 for 10 consecutive days - otherwise we'll see a de-listing.

Do we see it go down to $0.01? possibly..

From OTCQB:
Bid Price Deficiency. Companies are granted a cure period of 90 calendar days for failure to maintain the minimum bid price set forth in Section 2.3(2). In the event that the minimum closing bid price for the Company’s common stock falls below $0.01 per share for 30 OTC Markets Group Inc.
OTCQB Standards (v 3.2 April 16, 2019) Page 11 of 17 consecutive days, a grace period of 90 calendar days to regain compliance shall begin,
during which the minimum closing bid price for the Company’s common stock must be $0.01 or greater for ten consecutive trading days. In the event that the Company’s closing bid price falls below $0.001 at any time for five

[Occasian]

One thing to keep in mind, to remain OTCQB, you must maintain a bid price of $0.01. It cannot fall below $0.01 for longer than 90 days grace period, and must remain above $0.01 for 10 consecutive days - otherwise we'll see a de-listing.

Do we see it go down to $0.01? possibly..

From OTCQB:
Bid Price Deficiency. Companies are granted a cure period of 90 calendar days for failure to maintain the minimum bid price set forth in Section 2.3(2). In the event that the minimum closing bid price for the Company’s common stock falls below $0.01 per share for 30 OTC Markets Group Inc.
OTCQB Standards (v 3.2 April 16, 2019) Page 11 of 17 consecutive days, a grace period of 90 calendar days to regain compliance shall begin,
during which the minimum closing bid price for the Company’s common stock must be $0.01 or greater for ten consecutive trading days. In the event that the Company’s closing bid price falls below $0.001 at any time for five