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Biotech / Medical : DNAG - DNAPrint Genomics -- Ignore unavailable to you. Want to Upgrade?

To: CerealMan who wrote (102)	12/5/2000 11:15:54 AM
From: CerealMan	Read Replies (2) \| Respond to of 409

DNAP...the nasdaq small cap market requirements... net tangible assets(1) initial listing...$4mil continued listing $2mil OR market capitalization initial listing..$50mil continued listing $35mil OR net income latest fiscal year or 2 of last 3 fiscal years ..................initial listing $750K .......continued listing $500K public float(2)...initial listing..1million shares continued listing 500k shares market value of public float..initial listing $5mil continued listing $1mil MINIMUM BID PRICE...initial listing $4 ...continued listing $1 market makers....initial listing 3 ...continued listing 2 shareholders round lot holders(3)...initial listing 300 ..continued listing 300 operating history(4)...initial listing 1 year..continued listing...N/A OR market capitalization..initial listing...$50mil ..continued listing...N/A corporate governance..initial listing...continued listing.. yes NOTES... 1 For initial or continued listing, a company must satisfy one of the following to be in compliance: the net tangible assets requirement, (net tangible assets means total assets, excluding goodwill, minus total liabilities) the market capitalization requirement or the net income requirement. 2 Public float is defined as shares that are not held directly or indirectly by any officer or director of the issuer and by any other person who is the beneficial owner of more than 10 percent of the total shares outstanding. 3 Round lot holders are considered holders of 100 shares or more. 4 If operating history is less than 1 year, initial listing requires market capitalization of at least $50 million. Nasdaq believes that the new requirements will further the protection of investors while enhancing the quality of The Nasdaq Stock Market. Companies failing to satisfy the new continued listing requirements will be allowed until February 23, 1998 to meet the new requirements. Companies should initiate appropriate corporate action necessary to achieve full compliance by February 23, 1998. ########################################################################################## PLEASE POST ME OFTEN good fortune to us all... pops