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They already received a delisting notice based on the Net Working Assets rule, but seemed to have dodged that bullet when
they tendered those debt instruments for 27 cents on the dollar.

They now are exposed to the $1 minimum bid price per share rule, as they have now closed below that level for 29
consecutive days.

If they close below $1 on Monday, they will receive a delisting notice. They will then have 90 calendar days within which
they must assemble at least one ten day string of >$1 closes.

If they can`t accomplish that, it`s the Over The Counter Bulletin Board for them.

gruss
tb 2
 
aus der Diskussion: "Ventro, Umsätze enorm, unser kl. Zockertreff, Part 3"
Autor (Datum des Eintrages): thebull 2  (04.06.01 00:49:25)
Beitrag: 111 von 1,000 (ID:3657046)
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