InvestorsHub Logo
icon url

lbdave

09/17/11 8:35 PM

#173787 RE: texans #173785

Why do you and others post that the share price needs to be higher for sec registration approval? The share price has no bearing on sec approval for WNBD to become registered and fully compliant. They can also raise in the fully reporting market tiers withing the otcbb without any minimum share price requirements. Only if they ever try to uplist to amex or higher is there a minimum share price required, and that won't be happening anytime in the forseeable future. IMO

http://www.sec.gov/answers/regis33.htm