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glassy

08/19/08 12:46 AM

#33605 RE: glassy #33601

NEXC- in the restructuring process etc...

NASDAQ Rules:

May 19 shares traded under $1

1. The rules is they have 6 months they can be under $1 that puts the date at November 19th.
2. If they reach $1 dollar anytime in the 6 month period and hold $1 for 5 consecutive trading days and fall below $1 on November 19th no delisting.
3. $1 5 consecutive days 6 months from original date of being under $1...


I think this has potential