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Opexa Therapeutics, Inc. Message Board

  • opexi Jan 14, 2013 6:09 PM Flag

    We are now 19 trading days over $1.00 listing requirement

    Yes, after this pathetically timed reverse split, this has now trade 19 consecutive days of over 1.00
    Even though its a cheesy .32 pre split BAHA, still above the listing requirement now no?
    Is it not 15 cons days to reach the requirement again?
    Knock knock, Neil come in Neil

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    • Once again you show how stupid you are. It isnt the ending PPS, it is the ending BID price of $1.00 or more. BID you IDIOT. BID

      And yes, Opexa has satisfied this.

      • 1 Reply to fishman.adam1
      • opexi Jan 15, 2013 5:37 AM Flag

        I meant bid, anyhow adam have we not met this criteria....

        .......Company has until February 4, 2013 to achieve compliance with this listing standard (i.e., by the Company's common stock maintaining a closing bid price of $1.00 per share or more for a minimum of 10 consecutive business days during the additional grace period, or such longer period of time as the NASDAQ staff may require). At the November 15, 2012 annual meeting of shareholders, the Company's shareholders approved a proposal to implement a reverse stock split of the common stock, as determined by the Board of Directors in its discretion, at a ratio of not less than 1-for-2 and not more than 1-for-4. The Company intends to cure the minimum bid price deficiency by effecting a reverse stock split before the end of the grace period, if necessary.

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