Recent

% | $
Quotes you view appear here for quick access.

Netlist Inc. Message Board

  • carrollcountyman2004 carrollcountyman2004 Jul 18, 2013 5:33 PM Flag

    Criscrush asked a question about delisting!

    Form 8-K for NETLIST INC

    From Netlist 8K Feb 1, 2013
    --------------------------------------------------------------------------------

    1-Feb-2013

    Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Trans

    ITEM 3.01 NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OF LISTING
    On January 28, 2013, Netlist, Inc. (the "Company") received a notification letter from The NASDAQ Stock Market ("NASDAQ"), notifying the Company that for the last 30 consecutive business days, the bid price of the Company's common stock had closed below the minimum $1.00 per share. As a result, the Company no longer meets NASDAQ's requirements for continued inclusion on The Nasdaq Global Market under Listing Rule 5450(a)(1). The notification letter does not impact the Company's listing on the NASDAQ Global Market at this time and the Company's common stock remains listed on the Nasdaq Global Market under the symbol NLST. In accordance with Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until July 29, 2013, to regain compliance with Listing Rule 5450(a)(1). To regain compliance, the Company's common stock must have a closing bid price of $1.00 or more for a minimum of 10 consecutive business days.

    OK Criscrush, you gettin why the miraculously popped up to a buck and change? IMO, YES, this new financial agreement between payday loans and NETLIST will be affected by a delisting from NASDAQ if we don't stay over a buck for 10 days. We have until the 29 of July. After that, netlist can reset the 30 day requirement and tank all it wants to until these great milestones prophesized materialize, lol. We came darn close to going under a buck today. Hong brokers, can you try a little harder friday? I really like buying right before closing and selling in the morning. Got it, criscrush?

 
NLST
1.090.00(0.00%)Feb 12 3:59 PMEST