JAB International (JABI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : JAB International (JABI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Milk who wrote (1773)	12/1/1997 5:07:00 PM
From: D.McQ	Read Replies (1) of 4571

Milk; If a stock stays under $1 for 30 days AND they are given a 90 day written notice, then the clock starts ticking. The company has 90 days to get the the stock back above $1. It has to remain above $1 for 10 consequetive trading days to remain on the NASDAQ small cap. A stock is not delisted in that it can no longer be traded if it falls below $1 for 30 days. It just trades on the BB: OTC. From what I read in the financials back when I first did my due diligence, they were given a 90 day notice and had until February to stop the clock. BCMD has traded above $1 for more than 10 consequetive days and the clock stopped ticking in October. Darlene

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next