It needs it this month more than ever as 22-Jan-08 is the end of their 180-day extention from the NASDAQ to regain listing compliance, which, of course, they are currently far from having. Theoretically, PPHM can get another extension.
My e-mail to their IR dept. has fallen on deaf ears, of course.
Ken, got your e-mail...thanks...no PM yet, though.
Peregrine has not yet met the continued Nasdaq listing minimum bid price requirement of a closing share price over $1.00 for 10 consecutive days. If the share price does not meet this requirement by January 22, 2008, Peregrine is expected to be awarded an additional 180-day period to regain compliance, as is customary when the company meets all other criteria for continued Nasdaq listing., which Peregrine does. Please listen to Peregrine’s second quarter fiscal year 2008 conference call, http://ir.peregrineinc.com/eventdetail.cfm?eventid=48303, to hear CFO Paul Lytle’s detailed explanation of the Nasdaq listing requirements. Thank you for your support of Peregrine.
Nice "touch" with that last line...'thank you for your support'...yeah, if they ONLY knew......
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