delisting date is actually Feb. 25th not Feb. 13th!
In accordance with Nasdaq Marketplace Rule 5810(c)(3)(A), VirtualScopics has until February 25, 2013 (180 calendar days from August 29, 2012), to regain compliance.
For whatever reason I was under the impression that Feb. 13th was the compliance date! Its actually the 25th so the quarterly results on Feb. 19th could be a factor here. Still anticipate a reverse split unless the quarter is extremely positive, hope so.
Been in this stock for over 12 years; smart people behind it. I think you were right the first time if the 10 days over a $1 rule applies, which at this point rules out r/s or even a bounce on good news. Looks like pink sheets or buyout to me. If it's the former, they will be back.