With the Acquisition of VeroBlue Farms SHMP now qualifies for the NASDAQ Equity Standard minus the Share Price.
The Equity Standard Stockholders’ Equity $5 million Market Value of Unrestricted Publicly Held Shares $15 million Operating History 2 years Market Value of Listed Securities NONE Net Income from Continuing Operations (in the latest fiscal year/two of the last three fiscal years) NONE Bid Price $4.00 Closing Price (To qualify average annual revenues of $6 million for three years) $3.00