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Torvecian

08/09/04 2:19 PM

#389 RE: Torvecian #388

Also .....

Please note effective use of bold print in previous post...I too am a hubber....

dread50above

08/09/04 2:46 PM

#391 RE: Torvecian #388

Greetings Torvecian. Welcome back!

I hope you are correct about the NASDAQ lising requirments.

Clearly not a normal trading day. Up tick after up tick. I'd like to believe that somethin' is a brewing. The last PR statement certainly gives you the sense that a deal is pending. ("...measured in weeks not months"). Could such an annoucement be immediately pending the completion of testing on the Tahoe? Guess that's the $64,000 question. If there is a partner/OEM waiting in the wings, is the completion of testing the only thing holding up the deal?? Your thoughts...?


dread50above

08/09/04 3:05 PM

#393 RE: Torvecian #388

According to NASDAQ, it depends on which Standard the company is filing under. Under Standard 3, the company must maintain a market cap over $75M AND have its stock's closing bid price above $5.00 per share for 90 consecutive days....and that's not an average. So my understanding is: the clock started over.

The other Standards (1 and 2) have requirements that the company hasn't met yet by my understanding. Standard 1 requires $1M in income from continuing operations. TOVC doesn't have that.

Standard 2 requires $30M in Stockholder Equity. I don't believe we're there yet either.