It's still confusing. Scroll down and you'll see
Post# of 36537
Nasdaq Capital Market: Financial and Liquidity Requirements
Under this subheading it states a bid price of $3.00 or $4.00 without explanation
We need to accumulate our specific questions re: uplisting and allow Joe to respond. Everything I read leads me to believe that the process will take longer, rather than sooner. However, I don't know.