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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE
WEB 27.990.0%Oct 11 5:00 PM EST

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To: Crazy Canuck who wrote (758)1/26/2000 11:17:00 PM
From: Barry K  Read Replies (1) of 1252
 
Hi CC,

<< I also want to remind everyone that to qualify for the National Market (NASDAQ's Big Board) one of the things that they have to have is an average share price of $5 US / $7.50 CDN for a period of 45 days.>>

I could have sworn that you were right about maintaining a $5 share price for 45 days, but as I read the requirements all it says (unless I missed it someplace) is that the Minimum Bid Price be $5. I don't see any requirements to maintain that level for 45 days prior to the listing. Have I missed it? Or, does the stock simply have to reach $5 at the time of the application?

Regards,
Barry
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