FYI Zalicus is transitioning to NASDAQ Capital Market as they are currently on the non-compliant list.
List of Non-Compliant Companies as of Mar 27, 2013
Each trading day, NASDAQ publishes a list of companies that are non-compliant with its
continued listing standards.Companies are removed from the list one business day after NASDAQ determines that it has regained compliance, or the company no longer trades on NASDAQ.
When ZLCS transitions to NASDAQ Capital Markets, we will be compliant. ZLCS symbol will be maintained as far as I an tell. NO REVERSE SPLIT. However, expect some panic and a BIG DIP on the news.
Justin Renz likely already has the paperwork submitted.