The requirements for contined listing are far less stringent than those for initial listing. Besides minimum bid requirements for stock, there are requirements for minimum income and sharholder equity. For now, CPCF hasn't a chance ofr getting on the NAZ.
parents. . . I am about 90% certain that the share price of a stock has to close at EOD at $4.00/$5.00 for 90 days before it can list on NASDAQ. There are other financials that have to be met also and things like BOD members and certain officers. I think the $1.00 delisting price is probably right although if delisted because of share price I don't think it is quite as difficult to get a relisting again.
I think we will be listed on the OTC:BB boards before anything on the NASDAQ. Even a listing on the OTC:BB's will be a huge move forward. A NASDAQ listing would be the ultimate.
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