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Biotech / Medical : Amelot Holdings Inc.
AMHD 0.0002000.0%Dec 12 9:30 AM EST

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To: Boryh who wrote (81)2/16/1998 2:21:00 PM
From: Patricia Meaney   of 201
 
I think I finally understand this. There is a difference between the requirements for an initial listing on the Nasdaq vs. minimum maintenance requirements. If I'm not mistaken the former requires a higher price than a stock that is already listed. I think for the small cap a minimal bid price of $4 is required to get listed and a minimal bid price of $1 to be maintained. The Nasdaq Natl requires a minimal bid price of $5 to get listed. I'm not sure if I have these numbers right so correct me if I'm wrong. Of course the price of the stock is not the only requirement involved.

Glad to hear you are so optimistic. If it reaches half your target I'd be happy.

Thanks for the info.
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