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Zalicus AŞ Message Board

  • rora1494 rora1494 Aug 15, 2013 3:09 PM Flag

    Regarding possible R/S (a lot of misinformation on this board)

    Testing, 1...2....3 (real post to follow if this works)

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    • ALL YOU HAVE TO due is go to their own statement .....1-5 , 1-10...........IF

    • From the 8K released in April:

      " In connection with the transfer of the listing of the Company's common stock to the NASDAQ Capital Market, the Company expects to be granted an additional 180 days, or until October 21, 2013 (the "Compliance Date"), to regain compliance with the minimum bid price rule by maintaining a minimum closing bid price of at least $1.00 for ten consecutive business days. "

      The recent vote in June authorized the board to effect the reverse stock split any time between now and the annual meeting of shareholders next year. So there is no compelling reason, prior to say...October 10, for them to effect the reverse split. By then, it's entirely possible, if not likely, that impending Z160 news will get us above a buck.

      So stop posting ridiculous claims, because now you know better. And if you knew better all along, everyone else should stop listening (provided you had an audience to begin with).

 
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