Replies to post #34496 on Value Microcaps Motherboard

[abh3vt]

I think that's a pipe dream. In order for NCNC to comply with minimum listing standards for AMEX, they would have to have positive shareholder's equity of $4MM under any of the three standards:

http://www.venturelawcorp.com/listing_requirements_amex.html

As of Q3, they had SE of -2.5MM. Unless they do a seriously dilutive offering, I don't see how they can hope to get listed on AMEX (or NasdaqSC for that matter).

Of course, there are always some subjective standards that allow the reviewers to waive certain requirements. I think AOB was granted AMEX registration and they satisfied all the requirements except the $3 min bid.

I like NCNC, but not for that reason....

[bbotcs]

2morrowsGains: NCNC

Not too many 65 cent stocks have eps of .04/qtr. Trouble is, loads of stock is owned by posters on this board. If we dumped NCNC, look out.

bbotcs