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dndodd

06/26/20 8:47 AM

#108654 RE: Element41 #108653

Minimum listing requirements at this time are not a big deal due to COVID Nasdaq is giving more time and latitude.

scalpel

06/26/20 8:58 AM

#108658 RE: Element41 #108653

I am not Sport19, but felt obligated to offer a non-biased and objective answer. There are two separate criteria to remain in compliance with NASDAQ rules. One is the maintenance of a share price above $1, the other is to maintain a market cap above $35 million. A reverse split would not satisfy market cap requirements.

SPORT19

06/26/20 9:12 AM

#108665 RE: Element41 #108653

Great question..I have seen nothing that says the Nasdaq has loosened its listing requirements as some have stated.

An RS would be the smart move if they want to stay listed on the Nasdaq. I would think the Nasdaq would grow tired of dealing with their deficiencies on a routine basis and may not give them the latitude in the future....

IMO