Company has until September 26 to regain compliance by being over $1 for ten consecutive days. Look at the graph for Sept. 29 to Dec. 27 of last year and see that the stock price climbed from 0.64 to 1.13 and stayed over a dollar just long enough to regain compliance. Magic? If the stock fairy came once she (it ?) may come again. A 40% gain by next October would not be too shoddy. The downside appears to be minimal from a price a little over sixty cents. By the way...why is this stock selling so low? Are the numbers suspected to be bogus?
Nasdaq just published a new category for the size of the companies that are not qualified for microcap, called nanocap, the first company in this category is: TOPS According to Moore's law, they will shrink 100% every two years.