Replies to post #11844 on Alto Group Holdings Inc fka ALTO

[VIPR]

Today's news just confirmed that their intention is to dilute IMO. Will see de-listing before Nasdaq. Good Luck with that strategy.....

Intentions...??? what happened to the ground penetrating radar? Klok is a Krock.

Many Companies to choose from, thats why it's good to spred your investment money. In regards to Alto, I've been here for awhile with no earnings to show. After contacting the Investor relations department, to confirm the Company was infact in production stages of 2 properties, as well, in an aquisition process of another Property, along with rights of a number of other properties. The overall impression, Alto Group was in the best position right now to invest. Todays news just confirmed that their intention to offer Shares and Warrants and eventually list on Nasdaq, which is a min Cap/share price.

[staynafloat]

I'm sorry JSBISHI but Alto has a very very long ways to go to get to nasdaq.

Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. In addition, the minimum bid price at time of listing must be greater than five dollars, and there must be at least three market makers for the stock. Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360. Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.

In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.

Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.

Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.

Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.

A company has three ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company. If a company does not meet certain criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area like revenue. This helps to improve the quality of companies listed on the exchange.

It doesn't end there. After a company gets listed on the market, it must maintain certain standards to continue trading. Failure to meet the specifications set out by the stock exchange will result in its delisting. Falling below the minimum required share price, or market capitalization, is one of the major factors triggering a delisting. Again, the exact details of delisting depend on the exchange.

http://www.google.com/url?sa=t&source=web&cd=1&ved=0CBcQFjAA&url=http%3A%2F%2Fwww.investopedia.com%2Fask%2Fanswers%2F121.asp&ei=2jyaTdOPCe6z0QGd5pjlCw&usg=AFQjCNEwvbJGxr9o-dpAVCNRdqq7iClPqQ

Sorry not trying to bash but lets be real.

GLTU!

iom

float