NASDAQ Deficiency - Minimum Bid Price
On February 12, 2016, we received a letter from the Listing Qualifications staff of The NASDAQ Stock Market LLC, or NASDAQ, indicating that we no longer meet the requirement to maintain a minimum bid price of $1.00 per share, as set forth in NASDAQ Listing Rule 5550(a)(2). We have been provided a period of 180 calendar days, or until August 10, 2016, to regain compliance, which requires that the closing bid price of our common stock must be at least $1.00 per share for a minimum of ten consecutive business days during this 180-day period. If we do not regain compliance within this 180-day period, we may be eligible to seek an additional compliance period of 180 calendar days if we meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the NASDAQ Capital Market, with the exception of the bid price requirement, if we provide written notice to NASDAQ of our intent to cure the deficiency during this second compliance period.
Our Board of Directors approved a one-for-five reverse stock split of all issued and outstanding shares of our common stock, which reverse stock split was submitted to and approved by the requisite vote of our stockholders at our annual meeting of stockholders held on May 25, 2016. Our Board of Directors is evaluating if and when to implement the reverse stock split to cure the closing bid price deficiency.
yahoo uses GAAP. non-GAAP numbers are fiction with "one offs". Seems the majority of companies have "one offs" every quarter
in this case though, the yen hedges are mark to market non-cash write-downs and write-ups.
shorts covered HALF their short position and it is now down to 260K from over 500K last report. That is also down from over 1M at the peak. With the stock near zero, where is the gain if you are short? Might as well slowly cover and move on.
keep in mind prior to last qtr which was a record, the previous all-time record was 593K coins. So this is the second all-time high qtr already with 19 days to go
Long Beach show is really going well. 123K coins mtd so far. Will do well in excess of 700K coins for the qtr, probably wind up between 750K-800K. So maybe we will be down at most 80K coins from the previous record qtr but we will be up 30K cards. so depending on mix of Moderns and Vintage and expenses, EPS of between 24c-32c for the qtr. Last year was around 21c
neighbor kid worked in a warehouse last summer for $12/hr 40 hrs/week. sure beats $9.25 part time
1. short term taxable gains.
2. This is a stupid stock to swing trade. Try AMZN, NFLX or other much more volatile stocks. Why would you swing trade a snoozer?
actually they exercised and sold $18.85 options that expire in 6 months. so the company gets a ton of cash and most likely just buys those shares back. If you had expiring options, what would you do?
you know, you paid shill, JM competes against CDTI, right? Since they refine and process PMs, they have no desire to eliminate them
if you held RVM and invested in HL, the RVM equivalent share price is about 85c now. so yes, somehow, and I can't figure it out, Dobbs got a better deal than Shanahan. Despite having smaller reserves, lower metals prices, a death spiral and no cash at all, he got a much better deal. Hats off to him. There must have been a bidding war and having the two mines was worth more to HL than just having one. 1+1 equaled 4 to HL and they paid up.