Nasdaq Listing Standards: one of the following:

Nasdaq Listing Standards: one of the following:

• STANDARD 1 (EARNINGS): Adjusted pre-tax earnings from continuing operations must total (1) $11 million for the last three fiscal years, including a minimum of $2.2 million in each of the two most recent fiscal years and positive amounts in all three years; or

• STANDARD 2 (CAPITALIZATION WITH CASH FLOW): (1) Aggregate cash flows in prior three fiscal years greater than or equal to $27.5 million and positive amounts in all three years; (2) average market capitalization greater than or equal to $550 million over the prior 12 months; and (3) revenue for previous fiscal year greater than or equal to $110 million; or

• STANDARD 3 (CAPITALIZATION WITH REVENUE): (1) Average market capitalization greater than or equal to $850 million over the prior 12 months; and (2) revenue for previous fiscal year greater than or equal to $90 million; or

• STANDARD 4 (ASSETS WITH EQUITY): (1) $160 million in market capitalization; (2) $80 million in total assets; and (3) $55 million in stockholders’ equity.

The company must also meet the following requirements:

• At least 2,200 total holders or 450 round lot holders;
• Minimum number of publicly held shares of 1,250,000;
• Minimum aggregate market value of publicly held shares of $45 million; and
• Minimum price per share at least $4.00 at initial listing.

However, a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements.

I think this is what Ohm was referring to. We could make it with $2 stock price.