SNIP re: NYSE listing. My own very rough calculation puts shareholder equity in the $15 million area but I'm not sure of my assumptions. ===================== The Company remains in ongoing discussions with the New York Stock Exchange's NYSE Regulation, Inc. ("NYSER") regarding its financial status and the listing status of its common stock. On May 18, 2010, prior to completing the financial restructuring, the Company was notified by NYSER that it had regained compliance with NYSE's 30-trading-day $1 minimum share price standard for continued listing of its common stock, and the Company expects to remain in compliance with this standard as a result of the financial restructuring. The Company has until June 29, 2010 to regain compliance with either the NYSE's revised $50 million market capitalization or $50 million stockholders' equity requirement. Based on current information and circumstances, the Company anticipates that with its financial restructuring complete, the Company will be able to maintain the required thresholds and regain compliance within the applicable timeframe.
Expect some minor delays if shares are in your broker's street name (like mine). Interestingly, Sharebuilder adjusted my cheapskate taxable position sometime before I logged in pre-7am Eastern. TD Ameritrade is slower but as of now, they have reached the step of canceling the old shares. I assume they will have the work complete by the opening bell if not before the pre-market. (No intent to sell today myself.)
No sign of warrants in either account. Base on my past experience with Rights, I think those will show up in a day or two.
OK, I can see the warrants now on TDA though without a label. Looks like the warrant multiplier (for count, not strike price) is 0.6475.
Sorry for the name schizophrenia. Yahoo has removed many options they used to have (like picking a default message board screen name) and getting the right fix is a hassle. That's what you get for free I suppose.