Posted On: 08/11/2015 7:12:21 PM
Post# of 30066
The last day we closed above $4 was 7/28, and we had 35 trading days above $4 at that point.
We closed below $4 on 7/29 and every day afterwards, so if we assume the share price continues to close at $4 or below, then we can still meet the uplist requirements through end of trading on 9/9 (9/7 is Labor Day). This would be 30 days above $4 followed by 30 days at $4 or below, or 30 out of 60 trading days above $4.
So the 9/4 voting deadline can still work and we can still successfully uplist on or befoe 9/9 if Nasdaq approval is obtained.
In the meantime, we all need to contact everyone we know who owns shares and get them to vote. And we need to follow through to ensure they actually voted. Reminding them is not enough. This is too important to leave to their promise to take action.
We closed below $4 on 7/29 and every day afterwards, so if we assume the share price continues to close at $4 or below, then we can still meet the uplist requirements through end of trading on 9/9 (9/7 is Labor Day). This would be 30 days above $4 followed by 30 days at $4 or below, or 30 out of 60 trading days above $4.
So the 9/4 voting deadline can still work and we can still successfully uplist on or befoe 9/9 if Nasdaq approval is obtained.
In the meantime, we all need to contact everyone we know who owns shares and get them to vote. And we need to follow through to ensure they actually voted. Reminding them is not enough. This is too important to leave to their promise to take action.
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