Replies to post #20490 on Alpine 4 Holdings Inc (ALPP)

[Penny Monster 01]

What do you mean by this?

[dshade]

Penny Stock Exempt-ALPP is exempt from the definition of a Penny Stock under SEC under Rule 240.3a51-1 because it meets one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years.

THEREFORE, big players can get involved