InvestorsHub Logo
icon url

falconer66a

10/19/19 1:56 PM

#11505 RE: Throwingawaymoney #11500

An ALPP NASDQ Listing?

Will Alpine be able to get listed on the NASDQ? Here are some of the requirements:

Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more than 10% of the company.
Also, the regular bid price at the time of listing must be $4.00, and there must be at least three market makers for the stock.
However, a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements.

https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/

Two problems, as of now. If certain (unspecified) requirements are met, a $2 share price must be in place. Normally, a minimum $4 share price is required. (Long way from either of those, currently.)

And, the company must have a minimum of 1,250,000 publicly traded shares upon listing. Currently, only 95,470,00 ALPP shares are in circulation. To get to that larger number, there would have to be an approximate 24% dilution. To those of us with long, continuing ALPP positions, would this be worthwhile (at least until the share price significantly exceeds the $4 threshold)?

icon url

S-BEES-BUMBLEBEE

10/19/19 2:10 PM

#11508 RE: Throwingawaymoney #11500

$ALPP @.0736 +0.0236 (+47.20%), great!! Silver around the corner now!

Longterm even $$ possible for our 'little Berkshire Hathaway' Alpine 4 Technologies!! ;)



>>>Alpine 4 Homepage<<<



$$$ALPP$$$