Listing requirements?
National Market:
nasdaq.com
SmallrCap Market:
nasdaq.com
Net "tangible" Assets? Pretax Income? Minimum Bid Price? Value of the "public" float?
Also, note the warrant alphabet soup; this one is really funny:
---->During the third quarter of 1999, the Company issued to a *consultant* an immediately exercisable Class A warrant to purchase 100,000 shares of the Company's common stock at an exercise price of $1.50 per share; it expires on November 15, 2000.
Upon exercise of the Class A warrant, a Class B warrant would be issued by the Company to purchase 100,000 shares of the Company's common stock at an exercise price of $2.00 per share. The Class B warrant would be exercisable from the date the Class A warrant is exercised until November 15, 2001.
Upon exercise of the Class B warrant a Class C warrant will be issued by the Company to purchase 100,000 shares of the Company's common stock at an exercise price of $2.50 per share. The Class C warrant would be exercisable from the date the Class B warrant is exercised until November 15, 2002.
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A Class B warrant will be issued by the Company to purchase 100,000 shares of the Company's common stock at an exercise price of $2.00 per share which is exercisable from the date the Class A warrant is exercised and expires on November 15, 2001.
A Class C warrant will be issued by the Company to purchase 100,000 shares of the Company's common stock at an exercise price of $2.50 per share which is exercisable from the date of the Class B warrant is exercised and expires on November 15, 2002.
---->The warrants are in exchange for services rendered in advising the Company as to feasible capital structures and assisting in identifying appropriate capital sources.
[Emphasises etc. done by me]
edgar-online.com
? W h o i s t h e * c o n s u l t a n t * ?
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