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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: Milk who wrote (1773)12/1/1997 3:19:00 PM
From: James Bender  Read Replies (1) | Respond to of 4571
 
Milk don't you think that would have happened by now



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