NASDAQ new easier listing requirements....
$2.00 for 90 days or $3.00 for 0 days
Imagine JBII cash flow positive on the NASDAQ. I was looking at another company.... approved for NASDAQ and up listed 4 months and change after it crossed $2.00 or around 6 weeks after it met the price requirements.
KIOR is a pyroloysis-catalyst company that makes petroleum fuel and has a market cap $652 million on the NASDAQ. They are nowhere near cash flow positive yet they are all proud of themselves because they hope to show positive gross profits from fuel production in the year 2015. JBII already shows positive gross profit from fuel production.
If JBII merely traded at KIOR's current market cap, it would trade for over $7 per share.
JBII on the NASDAQ and cash flow positive = what market cap????
SEC settle + $2 + 4 months and change = NASDAQ and what share price?
SEC settle + $3 + 6 weeks = NASDAQ and what share price?
