Quixopixs, first, you have been providing some awesome DD. I really appreciate it as I am sure many others do too. It’s good that we are all on the same TEAM.
To add, I have had a call in for nearly a week into SYNM. I had recently discovered some info that made SYNM a candidate just as much or even more than Nexgen (NXGNF).
The second thing of note was this 8-K filed below on 31 Jan 08 which was part of what the BLDV CEO had informed me that the company that BLDV would be reverse merging into is a company that had recently gotten delisted from the NASDAQ and currently on the OTCBB. As you can see from below, at such time when that info was discovered, SYNM was on the OTCBB as they have just recently gotten accepted back on to the NASDAQ as of 13 May 08: http://biz.yahoo.com/bw/080516/20080516005796.html?.v=1
Here is the original NASDAQ delisting that I spoke of above which is actually the largest "potential" link for SYNM and BLDV: http://biz.yahoo.com/e/080131/synm8-k.html Form 8-K for SYNTROLEUM CORP
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; T
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
The Company received a Nasdaq Staff Deficiency Letter on January 25, 2008, indicating the Company fails to comply with the market value of listed securities requirement for continued listing set forth in Marketplace Rule 4450(b)(1)(A) and also fails to comply with the alternative requirement based on total assets and total revenues set forth in Marketplace Rule 4450(b)(1)(B). The Company is provided 30 calendar days, or until February 25, 2008, to regain compliance.
During this 30 day period the Company's shares will continue to trade on The Nasdaq Stock Market. The Nasdaq Stock Market has indicated that if at any time before February 25, 2008, the market value of listed securities of the Company's common stock is $50,000,000 or more for a minimum of 10 consecutive business days, the Staff will determine if the Company complies with the rule.
On January 30, 2008, the Company's market value of listed securities exceeded $50,000,000.