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Internap Network Services Corp. Message Board

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  • kg2931 kg2931 Feb 24, 2004 3:26 PM Flag

    Havent been able to access this board

    what makes you think IIP intends to return to the NAS and do you think that will happen anytime during the next 6 - 12 months?

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    • Its my understanding they had to get rid of the preferd stocks and they for some reason,can
      do that on the amex but not nazdaq small cap.
      also even with a reverse split to get above 5.00 the nazdag wanted a huge fee to relist on the the main board.. I believe the fee would have been around 150 to 200 thousand.
      They also said they would get better exposure
      but I never believed that one.Its much cheaper for a company to list on the amex and there yearly fees are lower so they save money there. Any way I believe when all the dust settles and the stock price gets back to where the company is happy with it,they will return to the naz..
      maybe before dec 2004...

 
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