Re: Nasdaq-LL
posted on
Jul 29, 2009 06:17PM
It's so good to have an expert on board here, not only on all things legal but now on corporate finance.
However, I beg to differ. Should EDIG NET $50 million on a single infringement settlement and continue to show year over year growth along those lines they would likely be nasdaq ready.
The nasdaq requirements are somewhat flexible and the minimum bid currently is $4, down from $5.
"and THEN, if revenues are sufficient for the right amount of time, Nasdaq would be a possibility. I would suspect if all that came together Nasdaq is 5 years away"
Thanks for the prediction...