Post by
steadfast on Dec 13, 2020 9:07am
Nasdaq Marketplace Rule - 4310 (c)(8)(E)
states Nasdaq may in its discretion, require an issuer to maintain a bid price of at least
$1. per share for a period in excess of ten consecutive business days, but generally no more
than 20 con bus days, before determining that the issuer has demonstated an .....
However, if price falls below $1 for too long the Co risks having its stock delisted, as
Trillium did April 11, 2019 Nasdaq notified TRIL Bid Price deficiency.
What happened to TRIL last week Nov 30 $20 - Dec 9 - $11.78
We need to hire a top notch Promoter with proven track record THIS WEEK, get
stock to $2+ CDN we need to keep the momentum up to and after Dr W's presentation
Jan 15th, we can't let stock fall on his expected good news. Apply to Nasdaq
if we list at $3 US, we will likely go to $6+ day of ipo No need for a Reverse Split.
Nasdaq - here we come!!!
Comment by
palladium17 on Dec 13, 2020 10:13am
Steadfast you are right on the money. 100% right. Great post. Thank you very much.