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10/17/23 11:31 AM

#807 RE: KngmAz #806

This stock has until March 11th,2024 to get the share price to $1.
If it does not achieve the $1 price there are no more extensions issued by Nasdaq.

The CEO will have 2 choices.
1) Reverse split the stock to get the share price over $1 or
2) the stock will be de-listed and will not be allowed to trade on Nasdaq. It will then have to trade on the OTC.

Most CEO's choose option #1 when confronted with de-listing from Nasdaq.

Time will tell.