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Posted On: 07/16/2021 3:04:00 PM
Post# of 145873
What does any of this have to do with your question that I responded to? Your question was "Have Nader and Kelly formally announced they have removed themselves from the audit and compensation committees?"
Why would they remove themselves from the committees when they were never on the committees in the first place?
Why would they remove themselves from the committees when they were never on the committees in the first place?
Quote:
First, nasdaq doesn't go to the company website to see if they are compliant, they require the company to file a formal notice of change in governance. The website means nothing in this process. Second, there is a 180 day cure period that starts after formal notice is made to nasdaq (again, the website doesn't count). Third, as MM noted so many times during the conference calls - listing on nasdaq is at the sole discretion of nasdaq itself. You think the recent communications from the sec, fda, and the lawsuits won't have a bearing on that decision?
My original point was that up listing isn't a realistic expectation - trying to imply up listing is likely at this point is misinformation itself.
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My comments are just my opinions and should NOT be taken as investment advice.