Replies to post #14541 on BioSante Pharmaceuticals, Inc. (BPAX)

[DorianGray]

They don't have to implement a R/S by July 30th. BPAX management has to present a plan on how to get their SP above $1pps to Nasdaq by July 30th. Then BPAX will have another extension of 180 days to implement such plan. So technically BPAX can go an entire year before implementing a R/S. The R/S is a "LAST RESORT" card for management.

There is a lot going on behind the scenes and there is plenty of news coming out in the next few months that can propel BPAX over $1 pps.