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Biotech / Medical : Cistron Biotechnology(CIST)$.30 -- Ignore unavailable to you. Want to Upgrade?

To: rkrw who wrote (1646)	11/9/1998 4:45:00 PM
From: Biomaven	Read Replies (2) \| Respond to of 2742

Here are the requirements for a small-cap listing: nasdaq.com Looks like CIST could just scrape by if it did a 15-1 reverse split. That would give it a float of just over 1 million (using Yahoo's numbers, which admittedly aren't always right). That size reverse split would put the bid above $4 (assuming today's price). They also have net tangible assets over $4m. I have no doubt the stock price would increase materially (after accounting for the split) if the stock made it to NASDAQ. Liquidity would increase because a lot of institutions and investors won't touch BB stocks (for good reason). Peter