Replies to post #36500 on Left Behind Games (fka LFBG)

[noquit]

That will be impossible.

"Don't invest in this stock unless you can afford to lose all your money."

What the disclaimers say.

[Sharktnk]

Not to going happen Jazz.

NASDAQ Listing Standards

Companies that choose to list their securities on The NASDAQ Stock Market must meet minimum initial and continued financial requirements. These requirements are designed to facilitate capital formation for companies worldwide and, at the same time, to protect investors and prospective investors in those companies.

NASDAQ’s quantitative listing requirements generally call for companies to meet higher thresholds for initial listing than continued listing, thus helping to ensure that companies have reached a sufficient level of maturity prior to listing. NASDAQ also requires listed companies to meet stringent corporate governance standards, standards to which NASDAQ itself adheres. NASDAQ listing standards are transparent to companies and investors alike, and are rigorously enforced.

For detailed information on NASDAQ listing standards download NASDAQ Listing Reguirements and Fees.

http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf


http://www.nasdaq.net/PublicPages/ListingStandards.aspx

There is a lot more than the SP to getting listed there, earnings for instance.

[varok]

Hi Jazz,

Well let's start with Nasdaq. This will never happen, however, if the company in the post-split can maintain a reasonable hold on dilution and not dilute the pool as they have, without regard towards shareholders and just blatantly tanked the share price to the cesspool, they should be able to attract investors and maintain a position on the OTC and if this fails, then back to the OTCBB and the gutter.

The share price going higher is not tied to the interest of investors, but to the performance of the company with respect to rev/sales and improving the MC. Remember, if the company dilutes, than for every million or so shares that hit the market, will result for a drag on the share price dropping to the next decimal point.

Currently in the presplit and going into the post-split, the MC of the company is $1 million and without a substantial increase in the rev, and the potential of dilution, no matter who much, will certainly keep this share price from going higher. Yes, we will get spikes on NEWS, but as shown in the past and this is with most companies, the price falls back to fair value and with this issue, it stands at $1 million, which incidentally, is the lowest common denominator for any company. In other words, it can't or will the Street take it lower, but only can go higher, but must come from performance.

At this point, I doubt the company can achieve major success in increasing their rev to a level that would result in a higher sustaining share price without a major restructure with respect to a national distribution and marketing firm all ready in place. The company last year, has tried big box stores like Wall-Mart and others that we now know really didn't take off. In recent news, the company has been showing us that it's intention is through the internet, hardly enough to generate the sales it needs to garner a substantial increase in the share price.

Going forward, one only needs to judge this company based on MC and from there, REV. equals share price. From the last financial filings with REV under $10k, the company has a long way to go.

Also the Equity Financial program isn't sales, but the potential for major dilution.

Start with the $1 million MC. Keep an eye on the dilution as to how much and buy and sell from the long tested investment adage, of ' buy on rumors and sell on news '. Until the company provides a concrete business plan, any investment monies should be solely intended for trading purposes and for profit only.

Have a good day
Varok