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Microcap & Penny Stocks : XSNI - X-Stream Network
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To: Dale Baker who wrote (2023)7/14/1999 9:36:00 AM
From: dacoola  Read Replies (1) of 3519
 
For an initial listing a companies stock must have a minimum bid of $4 for the NASDAQ Small Cap and $5 for the NMS. With all of the other restrictions which need to be met for a NASDAQ listing, I don't see how this company could comply and be accepted inside a year. A financial audit for the 10K filing alone would take several months.
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