HTLJ....Heartland, Inc. Message Board

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Non-Tech : HTLJ....Heartland, Inc.

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To: thomas a. burke who wrote (18)	1/4/2010 6:04:04 PM
From: thomas a. burke	Read Replies (1) of 26

I had a very brief conversation with one of the Director's today. He confirmed what I had suspected regarding the R/S. It is to help the company reach compliance for admission to the AMEX exchange. The company meets all of the following requiremeents except the share price. ================================ Regular listing requirements for the AMEX include pre-tax income of $750,000 in the latest fiscal year or 2 of most recent 3 years, a market value of public float of at least $3,000,000, a minimum price of $3, and a minimum stockholder's equity of $4,000,000. invest-faq.com ================================= This is only a 2/1 reverse and without any great news or other help, the share price will remain far below the $3.00 threshold. This makes me think the company has very good news or have no idea what they are doing. I prefer to think it is the former.

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