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Gold/Mining/Energy : SPRL - Strat Petroleum, Ltd. (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?

To: Becky who wrote (2274)	3/8/2007 7:13:26 AM
From: Becky	Read Replies (1) \| Respond to of 2322

I answered my own question .. re: AMEX listing. a257.g.akamaitech.net OR tinyurl.com "On November 2, 2005, the American Stock Exchange LLC (``Amex' or ``Exchange') filed with the Securities and Exchange Commission (``Commission'), pursuant to section 19(b)(1) of the Securities Exchange Act of 1934 (``Act') \1\ and Rule 19b-4 thereunder,\2\ a proposed rule change to amend section 102(b) of the Amex Company Guide (``Company Guide') to require a minimum market price of $2 per share for issuers seeking to qualify for initial listing pursuant to Initial Listing Standard 3 (Section 101(c) of the Company Guide)." ============================================================= " For applicants to meet Initial Listing Standards 1, 2, and 4 (Company Guide Section 101(a), (b), and (d), respectively), in addition to specified minimum numerical standards, the Exchange requires a minimum market price of $3 per share." ************************************************************* Hmmmmm? If the AMEX guidelines were amended, that would mean SPRL would have to be a minimum of $3 to be listed on AMEX. I would think at it's current price of 0.007, that would require a reverse split wouldn't it?