Replies to post #11104 on Alkaline Water Comp Inc (WTER)

[1vman]

*****Wrong ! this needs addressing vey soon --- it may receive a second "cure period" of 180 calendar days KEY WORD MAY !!! No guarantee

Return to Compliance
After receiving a deficiency notice, a company has 180 calendar days to return to compliance. A company warned about its shares' minimum bid price must achieve a closing price of $1 or more for 10 consecutive trading days during this period. Report-filing offenders must file the required reports, and then must file subsequent reports by the due dates.

Additional Grace Period
If a company with a minimum market value of $1 million in shares held by non-affiliates satisfies the other listing requirements, it may receive a second "cure period" of 180 calendar days. To receive this, the company must notify Nasdaq of its intent to correct the deficiency. Nasdaq may exercise its discretion in determining whether it believes the company can cure the deficiency.

https://finance.zacks.com/nasdaq-delisting-rules-7450.html

CASE CLOSED !

ENOUGH SAID !