InvestorsHub Logo

$tockfather

04/02/14 11:44 AM

#4192 RE: Quinquagintilliard #4187

Market cap is under a million???

Now that is some serious bullsh*t!!LMAO

As of April 2 2014

Shares outstanding = 8.64m X current PPS($1.35) = Market cap 11.92m

http://markets.ft.com/research/Markets/Tearsheets/Summary?s=NEWL:NSQ


NASDAQ Listing Requirements.

Failure to satisfy NASDAQ Global Select Market listing requirements may result
in our common stock being removed from listing on the NASDAQ Global Select
Market.



For continued inclusion on the NASDAQ Global Select Market, we must
generally maintain, among other requirements, either (a) shareholders’ equity
of at least $10 million, a minimum closing bid price of $1.00 per share and a
market value of our public float of at least $5 million; or (b) market
capitalization of at least $50 million, a minimum closing bid price of $1.00
per share
and a market value of our public float of at least $15 million.



NEWL POS management continues to dilute shareholders to oblivion.

I expect this trend will continue and another R/S or likely de-listing to OTC will soon follow...