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player1234

05/16/08 4:39 PM

#164974 RE: Countryboy #164973

The shelf alone will not bring them into compliance for market cap for any significant period of time since their burn rate is so high.

In my experience, NASD will not view that alone as a significant enough method to get back above the $50 million market cap and stay there. The lack of true financial fundamentals will also hamper the case IMO.