Burcon NutraScience Corp T.BU

Earnings

[DealDone]

The stock will get killed tmr. If management doesn't get something done in the next couple months, I'd guess that Burcon will be flirting with another NASDAQ delisting.

[imartin]

What is Burcon management supposed to do according to you? What needs to happen primarily is significantly increased protein sales at Merit. That's now Merit's task/challenge. We don't know whether the still low sales numbers in Q2 reflect a lack of market interest (not so likely considering how many companies are in need of plant protein these days) or simply the typical pattern of

[Dogsbreakfast4U]

I said BU would be delisted for the second time from Nasdaq months ago. Watch out below tomorrow. Tax loss selling season will make things worse for the next month or so. Management is just plain not suitable for the job at hand.

[imartin]

Looking at the NASDAQ delisting rules, it doesn't seem to me as if a delisting risk is imminent. https://finance.zacks.com/nasdaq-delisting-rules-7450.html - Failure of a company to meet a minimum closing bid price of at least $1 for 30 consecutive trading days can trigger delisting. - When this happens Nasdaq issues a deficiency notice to the company. - After receiving a deficiency