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SoxFan

10/18/13 9:11 AM

#5060 RE: mayvid #5059

Well Bubba after reading this please tell me what market they can qualify for with NASDAQ. I say none but maybe you can find something that is just not there.


https://listingcenter.nasdaqomx.com/assets/initialguide.pdf

For the NASDAQ Capital Markets under market value standards they need to have a stock be priced at $4 for 90 days before going on their board. For the $2 everyone here is bubbly over they need $6 million in revenue for the last three years. SO that's no good.

For NASDAQ Global Market they must have a $4 bid price requirement for 90 days before applying - So that's no good

For NASDAQ Global Select Market - Well that just not available to them as that too also needs that $4 bid requirement.

So maybe we can have some creative interpretations from their own rules eh?