Today, June 3rd, was the day by which they had to cure the trading price deficiency. We should hear from NASDAQ tomorrow one way or the other. I was a day off.
Given the sell off today, suspect the early info is txcc is being delisted.
300K in volume is a "sell off" ?? at 0.49 now... are you smoking something? This will be bought out well before they get delisted.
Sentiment: Strong Buy
Looks like I must have been wrong about the delisting. The original Dec 6 letter seemed pretty clear. ????
Dumping another 100 million shares on the market won't help accomplish this. Might artificially boost market cap if they can do a short term loan of these shares and book it as "sold" to get over the $25 million listing requirement.