It's been over 30 days since COCO closed under a dollar. I heard rumors that they were trying to do a >3 to 1 split to raise their stock price to meet the requirements. The execs now seem more focused on the problem with ED that we haven't heard any action regarding the stocks. When does the process of delisting begin?
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Yes, right before the end of the fiscal year.
My mistake! 26 days. 4 days left till Nasdaq drops the deficiency notice.
Today is day #26.
It only has been 23 days. Cci has 7 more business days until nasdaq sends a deficreiency notice.