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Tianli Agritech, AŞ Message Board

  • chcgfan1 chcgfan1 Jun 25, 2013 2:30 PM Flag

    Where's the Pr dept?

    To tell us how the black hog products are selling in the Wuhan supermarket chain.C'mon Guys how about it!

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    • wizardofwheeler Jun 26, 2013 10:46 AM Flag

      We have less days than most believe to get to $1+. We have to hit $1 on July 22nd or earlier and the PPS has to stay above until the Aug 5th deadline.

      "To regain compliance, the bid price for the Company's common stock must close at $1.00 or higher for a minimum of 10 consecutive business days within the stated 180-day grace period. "

      Not looking good. (BUT...)

      "Under Listing Rule 5450(a)(1), if the company has not regained compliance, by the close of the initial 180-day grace period, it may be eligible for an additional grace period of 180 days, if it meets the initial listing standards, with the exception of bid price, for the NASDAQ Capital Market. If the company is not eligible for an additional grace period, it will receive notification that its securities are subject to delisting, and it may then appeal the delisting determination to a Hearings panel. "

      Sentiment: Buy

    • They're busy getting paid to do nothing.

      Assuming it takes two weeks for them to close June accounts, then they could give Q2 guidance already by mid-July which might just be enough time to push the share price up over $1. They wouldn't even need to wait that long to give some general guidance about sales of the black hogs, for example they could announce that it's in XX stores in Beijing and YY stores in Wuhan.

      Afterall, this should be a solid quarter for them because their feed mill should be operational and generating revenues in addition to the spool up of the black hogs program.

    • The're too busy eating the pork!