Hecktor, my friend. Thank you for your heartfelt sincerity,
and concern. Obviously you have not bought your INSM stock
yet. Maybe it has not hit the price you have in mind. For
this all here are truly sorry. I have to say I find most of
your post rather transparent. In your prior post you state
"And no, I honestly don't know the SEC policy regarding the PPS sub $1 and delisting. I want clarification. I analyze corporations on financials: revenue, cash flow, trends, historical data, and self computed forecasts. I am not an SEC reg type of guy." but by simply making four simple clicks I
found this.
My company's bid price has fallen below the minimum requirement. Will we be delisted?
Companies listed on NASDAQ are required to maintain a minimum closing bid price of $1.00 per share. If a company trades for 30 consecutive business days below the applicable minimum closing bid price requirement, NASDAQ will send a deficiency notice to the company, advising that it has been afforded a "compliance period" of 180 calendar days to regain compliance with the applicable requirements.
Thereafter, Capital Market companies can receive an additional 180-day compliance period if they meet all initial inclusion requirements for the Capital Market, except for the bid price requirement. If a Global Select Market or Global Market company is unable to comply with the bid price requirement prior to the expiration of its 180-day compliance period, it may transfer to The NASDAQ Capital Market, so as to take advantage of the additional compliance period offered on that market, provided it meets all requirements for initial listing on The NASDAQ Capital Market, except for the bid price requirement. If the company does not demonstrate compliance within the compliance period, it will be issued a delisting letter, which it may appeal at that time. See Hearings Process for additional information.
Maybe you're not a google kinda guy either. You do make good
points that
" The uncertainty coupled with the most likely case of heavy dilution will drop INSM to $0.60s for a short timeframe (minutes to hours, a day at the most" will result in a good
time to purchase. But it is your conjecture that NEEDS, and
offers that time frame. I can't also help but notice that you
mention delisting 3 times in your prior post. Wouldn't one
reference do? Oh, and by the way. The other members of your
TEAM, You know, the ones that say you're a good guy. Could
you at least provide us with a copy of your payplan? Hell man,
maybe the rest of us want a little piece of the action.
regards little buddy.
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