30 million was just approved to get this company started getting back on track. Also the company is not trying to do everything they can to stay listed on Nasdaq. Rather they are focused on restructuring to build a better company. Once this is achieved, the company can reapply to be traded on Nasdaq again. I mentioned before there are several reputable companies that do trade on the otc. ROCHE which is also a huge pharmaceutical company has traded on the otc forever now...
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