Replies to post #11365 on SaviCorp (fka SVMI)

[ICEQUITY]

I was waiting for a SAVI answer that mentioned.... NASDAQ

I can see SAVI Media Groups name in LITE's.... Can't you?


So yes your right.... what is the BEST SVMI option?
Get Current and Go Nasdaq.... PERIOD

http://news.cnet.com/2100-1017-248744.html

"Reverse splits have a negative stigma. A lot of investors we talk to don't have a lot of confidence in a company that gets its stock up through a reverse split. They think the company is playing games and trying to get credit for something they don't deserve," Johnson said.
What's the motive?

But for most companies in the current climate, a reverse split is conducted out of a need to remain listed on an exchange, rather than solely to prop up the share price.
Companies that find their share prices fall below $5 or $1, depending on the particular Nasdaq category they fall into, receive a notice from the exchange that if their stock remains at that level for 30 days they risk being delisted, said Nasdaq spokesman Wayne Lee.
If the shares remain at the depressed level for 30 days, a new clock starts ticking. At this point, companies have 90 days to get the price above the threshold for 10 consecutive trading days to come into compliance, he noted.
Splitsville

Ten Nasdaq-listed tech companies initiated reverse stock splits this year out of 32 companies that took such measures.
Company Reverse split ratio
Clariti Telecommunications 1-for-4
eGlobe 1-for-4.7
GSV 1-for-5
Infogrames 1-for-5
Liberty Livewire 1-for-2.5
Musicmaker.com 1-for-10
On-Point Technology Systems 1-for-3
PacificNet.com 1-for-3
PopMail.com 1-for-10
Wire One Technologies 1-for-2

Source: Nasdaq and FactSet Universal
Shares that are delisted typically move to the over-the-counter market, a market that is less liquid because it is more difficult to match buyers and sellers.
The Nasdaq allows companies to initiate numerous reverse splits, but it's a double-edged sword. While a stock price goes up following a reverse split, the number of shares outstanding contracts.
Many institutional investors, for example, shun companies with fewer than 10 million shares floating in the public market, said Greg Vogel, an analyst with Banc of America Securities.

And if a company's Nasdaq float drops below 1.1 million, or 750,000, depending on the category the company falls under, it also may be delisted, Lee said.

So thats Nasdaq's best Share Structure = 1.1 Million - 750k Float.... that is good to know.

So if companies do reverse splits to stay on the Nasdaq, where is the Reverse Split rule thats says you can't do one to get on it... like you said.

SVMI could do a Reverse Split to get the Price Per Share above $1.00, qualifying SVMI to be up-listed in Nasdaq ....... with current financials. Possible?