For those out there that are concerned about the 3
Post# of 75354
(Total Views: 1243)
Posted On: 03/06/2019 1:39:35 PM
For those out there that are concerned about the 30 days below $0.01, please read the quote below.
All OTCQB companies must meet the minimum bid price of $.01 per share at the close of business of at least one of the previous thirty (30) consecutive calendar days; in the event that the price falls below $.01, the company will begin a grace period of 90 calendar days to maintain a closing bid price of $.01 for ten consecutive trading day.
I'm sure the management team will have this sorted out before June 1st I believe if my math is correct or close to it will be the end of our 90 day grace period. It gives us plenty of time to not only get the Mexican deal rolling but, also all the other deals we have coming to the plate (new Hempd water, new Rmhb cans and drinks, CBD Life in US, huge US retail company, Eagle Spirit water govt deal, Fitwey Hemp infused, France, Alcohol beverage company, and more)
All OTCQB companies must meet the minimum bid price of $.01 per share at the close of business of at least one of the previous thirty (30) consecutive calendar days; in the event that the price falls below $.01, the company will begin a grace period of 90 calendar days to maintain a closing bid price of $.01 for ten consecutive trading day.
I'm sure the management team will have this sorted out before June 1st I believe if my math is correct or close to it will be the end of our 90 day grace period. It gives us plenty of time to not only get the Mexican deal rolling but, also all the other deals we have coming to the plate (new Hempd water, new Rmhb cans and drinks, CBD Life in US, huge US retail company, Eagle Spirit water govt deal, Fitwey Hemp infused, France, Alcohol beverage company, and more)
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