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Gold/Mining/Energy : SPRL - Strat Petroleum, Ltd. (Bulls Board)
SPRL 0.0001000+400.2%Mar 7 3:00 PM EST
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To: Becky who wrote (2274)3/8/2007 7:13:26 AM
From: Becky  Read Replies (1) of 2322
 
I answered my own question .. re: AMEX listing.

a257.g.akamaitech.net
OR
tinyurl.com

"On November 2, 2005, the American Stock Exchange LLC (``Amex' or
``Exchange') filed with the Securities and Exchange Commission
(``Commission'), pursuant to section 19(b)(1) of the Securities
Exchange Act of 1934 (``Act') \1\ and Rule 19b-4 thereunder,\2\ a
proposed rule change to amend section 102(b) of the Amex Company Guide
(``Company Guide') to require a minimum market price of $2 per share
for issuers seeking to qualify for initial listing pursuant to Initial
Listing Standard 3 (Section 101(c) of the Company Guide)."
=============================================================
"
For applicants to meet Initial Listing Standards 1, 2, and 4
(Company Guide Section 101(a), (b), and (d), respectively), in addition
to specified minimum numerical standards, the Exchange requires a
minimum market price of $3 per share."

*************************************************************
Hmmmmm?
If the AMEX guidelines were amended, that would mean SPRL would have to be a minimum of $3 to be listed on AMEX.
I would think at it's current price of 0.007, that would require a reverse split wouldn't it?
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