Re-fracking a well is not new. Some in the industry expect to re-frack wells every 3-4 years, depending on the wells. The pervasiveness of the practice may be masked by recompletions.
Notwithstanding the fact Dr Chan has said CTSO expected to uplist every year for the past few years, "A company’s board of directors may declare a reverse stock split without shareholder approval. Although the SEC has authority over a broad range of corporate activity, state corporate law and a company’s articles of incorporation and by-laws govern reverse stock splits." Further, "If a company is required to file reports with the SEC, it may notify its shareholders of a reverse stock split on Forms 8-K, 10-Q and 10-K." (SEC*dot*gov, "Reverse Stock Splits") You may be correct that we will hear about it after the fact (and likely after we already have noticed the share price is higher and the shares we own are fewer).
As a comparison, how many fat people do you know? Recently saw on a network news broadcast a statistic that 70% of adults in the US are overweight.
LNG would not be the place to be if exporting "isn't going to happen". FERC just approved another Louisiana LNG export facility. That puts all three of the projects approved so far that definitely will be built in XCO's backyard. Where do you think the gas will be produced? Why do you think well-heeled institutional investors with long term investment horizons are maintaining their interest in XCO?
Anything is possible, given this May 19 report:
Walgreens denies report of speeding up Boots takeover, Drug Store News says. Following a report in The Telegraph that claimed Walgreens may seek to acquire the remaining stake in Alliance Boots in as little as eight months, the company denied any plans to accelerate its purchase of Boots, reported Drug Store News. Walgreens spokesman Michael Polzin said, "The window for step two of the transaction begins in February 2015. The current agreement doesn't allow for a move prior to that," according to the industry news service.
Hey, Yahoo!, I was using that word to mean seize, not female genitals. Your censorship efforts go overboard.
The interplay between IL-6 and TNF-alpha is associated with a number of diseases ranging from pancreatic cancer to schizophrenia and narcolepsy. Several drug candidates in clinical trials have failed attempts to modify the dynamic.
I think much of the concern is on the part of people expecting the share price to run from cents to dollars while they owned hundreds of thousands of shares versus tens of thousands of shares. They will be happy when their tens of thousands of shares are worth $30 instead of $3.
mak's post is verbatim from an non-comprehensive Investopedia article and does not take into account the variations in listing criteria between the different NASDAQ markets (Global Select, Global and Capital). Google "nasdaq listing requirements 2014" and click on the "Initial Listing guide for the NASDAQ OMX" pdf link for the truth.
That's not true. I'll repeat my contribution to another (since deleted) thread this morning: Google "nasdaq listing requirements 2014" and click on the "Initial Listing guide for the NASDAQ OMX" pdf link for the truth. Pay particular attention to the three different NASDAQ markets.
Why don't you tell us why you think it would not be considered? Cardio bypass blood filters are Class II devices, CTSO's cartridge is unique, and has demonstrated low risk and known benefits. Those are the requirements for the 510(k) de novo process.
Why would you think the "research" would fall short? Reduction of inflammatory biomarkers in fewer than 150 patients would be the primary endpoint, which already was demonstrated in obtaining the CE Mark.
And what's this about the process being time consuming? Its purpose is to accelerate, not delay, approval. The volume of cardio bypass procedures performed in the US would allow data capture for 150 patients in a very limited timeframe.
You may have misunderstood. CTSO is forming an audit committee. An audit committee reports to the board of directors. The chair of an audit committee is a member of the board of directors. CTSO is looking to ADD to the board a person with credentials to serve in this capacity. CTSO will not be installing a new board of directors or, as far as we know from what has been communicated to date, appointing a new chairman.