The reality is that the NASDAQ doesn't have to accept them even if they qualify. I'm just looking at the lowest tier for entry "Nasdaq Capital Market: Financial and Liquidity Requirements". Minimum price requirement at best is $3, unrestricted publicly held shares of a million, They check very few of the boxes....
Net Income from Continuing Operations (in the latest fiscal year or in two of the last three fiscal years) I don't believe that have ever had a single year of net earning in the green.
Bid Price OR Closing Price*** $3 and $4 *** To qualify under the closing price alternative, a company must have: (i) average annual revenues of $6 million for three years, or (ii) net tangible assets of $5 million, or (iii) net tangible assets of $2 million and a 3 year operating history, in addition to satisfying the other financial and liquidity requirements listed above. Cant hold $3 price level for closing.
>Voting Rights - Corporate actions or issuances cannot disparately reduce or restrict the voting rights of existing shareholders.
Jason holds 150K class "A" preferred shares and controls everything with the 15,000 to 1 voting shares of common.
Independent Directors - None
Audit Committee - Nope
Compensation of Executive Officers - does not have a compensation committee.
News 
Market Data 
Discover 
