I wrote to David Seeberger VP earlier with a coupl
Post# of 75357
(Total Views: 495)
Posted On: 07/05/2017 4:57:27 PM
Re: Roger Wilco #35974
I wrote to David Seeberger VP earlier with a couple questions -- He'll get back with me tomorrow - I'll post his reply after I get it.
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Dave good to hear from you. I'll get back to you tomorrow.
Sent from my iPhone
> On Jul 5, 2017, at 2:09 PM, ****************************** wrote:
>
> Greets David - Hope all is well your way - The fellas were here and just wrapped up a great week at Summerfest. Sadly we didn't see our rolling billboard.
>
> Question : Will any thought be given to up-list to the Russell 2000. I've been looking thru their requirements and definitely see us in a position to explore it next year.
>
> Minimum closing price A stock must have a close price at or above $1.00 (on its primary exchange) on rank day in May to be considered eligible for inclusion. In order to reduce FTSE Russell | Russell U.S. Equity Indexes Construction and Methodology, v2.6, May 2017 15 unnecessary turnover, if an existing index member’s closing price is less than $1.00 on rank day in May, it will be considered eligible if the average of the daily closing prices (from its primary exchange) during the 30 days prior to the rank date is equal to or greater than $1.00. If an existing index member does not trade on the rank day in May, it must price at $1.00 or above on another eligible U.S. exchange to remain eligible. A stock added during the quarterly IPOs process is considered a new index addition and therefore must have a close price on its primary exchange at or above $1.00 on the last day of the IPO eligibility period in order to qualify for index inclusion.
>
> http://www.ftse.com/products/downloads/Russel...ndexes.pdf
>
> Also could you shed any light how soon we can expect to hear from our new CEO Gerry David.
>
> Thanks David
>
> Best regards
>
> Rock on RMHB
> Dadon_111
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Dave good to hear from you. I'll get back to you tomorrow.
Sent from my iPhone
> On Jul 5, 2017, at 2:09 PM, ****************************** wrote:
>
> Greets David - Hope all is well your way - The fellas were here and just wrapped up a great week at Summerfest. Sadly we didn't see our rolling billboard.
>
> Question : Will any thought be given to up-list to the Russell 2000. I've been looking thru their requirements and definitely see us in a position to explore it next year.
>
> Minimum closing price A stock must have a close price at or above $1.00 (on its primary exchange) on rank day in May to be considered eligible for inclusion. In order to reduce FTSE Russell | Russell U.S. Equity Indexes Construction and Methodology, v2.6, May 2017 15 unnecessary turnover, if an existing index member’s closing price is less than $1.00 on rank day in May, it will be considered eligible if the average of the daily closing prices (from its primary exchange) during the 30 days prior to the rank date is equal to or greater than $1.00. If an existing index member does not trade on the rank day in May, it must price at $1.00 or above on another eligible U.S. exchange to remain eligible. A stock added during the quarterly IPOs process is considered a new index addition and therefore must have a close price on its primary exchange at or above $1.00 on the last day of the IPO eligibility period in order to qualify for index inclusion.
>
> http://www.ftse.com/products/downloads/Russel...ndexes.pdf
>
> Also could you shed any light how soon we can expect to hear from our new CEO Gerry David.
>
> Thanks David
>
> Best regards
>
> Rock on RMHB
> Dadon_111
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