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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: John Allen who wrote (151)8/15/1997 12:41:00 AM
From: HRAKA   of 1672
 
John, thanks for the links. I don't see anything in the future requirements for NASDAQ smallcap that will be that tough to overcome
other than simply the price of the stock. UMSI already meets some of them and the ones they don't meet would be met with an increased share price. I beleive that if the PR firm does its job and the December filing is a positive that this price can be met. However, if things do go well, could not a second offering in March be detrimental to that price? (is there a time length that the $4.00 price must be maintained
to receive listing?)
thanks,
hraka
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