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ALL-IN888

02/24/20 10:03 AM

#45730 RE: Me2Greedy #45728

Added ALL I can from .22, NO Sell pressure!!! This will explode above .30 later and may close @ .35 $$$$ BOOM

buckyboy

02/24/20 10:12 AM

#45731 RE: Me2Greedy #45728

It's not that clear.

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/

People don't comprehend that it would take FNHI a few years most likely to meet these requirements on their own. What they don't have on their radar is a reverse merger (R/M) from a large private company operating in FNHI space that wants to go public. FNHI may indeed be the only company out there in their space that can get them there. It helps a lot that FNHI reporting standards are sufficient and their balance sheet is squeaky clean.

Anyway, there are several ways a company can get listed on the NASD. There are multiple platforms. Keep digging and you'll find more information. JMHO