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

To: Lawrence Burg who wrote (2757)	1/28/1998 3:29:00 PM
From: DDS-OMS	Read Replies (1) \| Respond to of 4571

Larry, My interpretation of requirements for re-listing is that it would be the same as for initial listing--main hurdle is the requirement that the bid price be above $4--if delisted, this would be hard to accomplish on the pink sheets. Nasdaq SmallCap Market Requirements Requirements Initial Listing Continued Listing Net Tangible Assets1 Market Capitalization Net Income (in latest fiscal year or 2 of last 3 fiscal years) $4 million or $50 million or $750,000 $2 million or $35 million or $500,000 Public Float (shares)2 1 million 500,000 Market Value of Public Float $5 million $1 million Minimum Bid Price $4 $1 Market Makers 3 2 Shareholders (round lot holders)3 300 300 Operating History4 Market Capitalization 1 year or $50 million N/A Corporate Governance Yes Yes This site gives all requirements-- their table in frames format just would't copy and paste right even using fixed font. nasdaq.com Regards, Gary