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To: campe who wrote (3102)4/6/1998 5:00:00 PM
From: Milk  Respond to of 6654
 
GJC,

I think you're correct. Some of the requirements can't just be met by a reverse split alone:

Pretax Income (in latest fiscal year or 2 of last 3 fiscal years) $1 million

Net Tangible Assets $6 million


The above numbers are for Nasdaq. Nasdaq Small Cap would have a different set of requirements (this would fit the $4 figure mentioned earlier):

nasdaq.com

-M.