in last 10Q mhmy alleged they had 15 mill in assets. based on losses of 500K per month in first quarter, and assumign they are still losing that much, and fact securities they were holding have undoubtedly declined with the rest of the market since that 10Q, i think their assets could have dropped a fair amount, and their net capital, and that they are getting close to a problem in this area. I heard from an ex MHMY guy months ago, before the big market dump, they wer worried about this. also-- that link posted will get you to the complaint I filed against MHMY on behalf of MHMY holders. think it speaks for itself. look for another link soon re a differnt case agaisnt mhmy. BTW, whenever this dog gets delisted, this board goes away, so post now, cause it shoudl be soon they are gone.
When is the deadline to come in compliance with the NASDAQ listing requirements. And if their net equity is by some miracle above $5 Mil. does the fact that the share price remains under $1 automatically get these clowns delisted?