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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: JIN CHUN who wrote (8711)3/27/1998 11:24:00 PM
From: Little Engine  Read Replies (2) of 27968
 
Jin, in regards to your following shouted comment:

<<<<ATXI DOES NOT HAVE THE REVENUE BASE TO REMAIN LISTED ON THE EXCHANGE. Answer that one, and show me the proof, and the nasdaq rule that would allow them to stay listed.>>>>

I don't know what you mean by "revenue base".... I do see the following requirement, perhaps this is what you meant?

"Continued listing: Net tangible assets of $2 million, or Market Capitalization of $35 million or Net income (in latest fiscal year or 2 of last 3 fiscal years) of $500,000."

The latest available balance sheet for ATXI can be found at:
sec.gov

That shows assets of $3.8 million. So... that certainly qualifies.

There's your proof.
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