RE:RE:RE:RE:RE:RE:GREAT BACK AND FORTH TODAY I must also add, if Cgc does decide to go ahead with the consolidation, they have until like December 22 to implement if they are not in compliance. Again, this is only if they are not in compliance.
They have to do so 10 business days prior to the 180 day rule.
Can you imagine if they did it prior to the 180 day expiry? If they get over $1.00 for 10 days, it resets. Once they are over $1.00 Nasdaq will send them a complaince notice.
Now, I doubt they will scrap it all together even if they do gain complaince, but I don't know how that works from a legality standpoint.
Talk to Tyler Burns, or anyone of the investor relations people if you doubt what I am saying here.