Hey Dyoop. Funny meeting you here! Last saw Balt on BTX board ~5-10 days ago.
It basically says they lost: "The U.S. District Court for the District of Maryland dismissed StemCells’ patent-infringement case against Neuralstem with prejudice, in favor of Neuralstem.
The case concerned certain patents surrounding StemCells’ (ticker: STEM) neuronal stem cells. However, dismissal of the case was due to a third-party scientist who is a..."
When is the 120 days over? Or thereabouts? Anyone know?
Minimum market cap for Nasdaq CM is $50 million. STEM's at $54. Not a lot of margin for error even with reverse split.