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MESA stock listing change?

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PBRstreetgang

Registered Abuser
Joined
Mar 4, 2002
Posts
3,241
At what point will the MESA stock be sold on the Guadalajara Stock Exchange?
It is almost into the Peso range!
BTW
Mesa sucks!
PBR
 
It has failed to meet the Continued Listing criteria of NASDAQ since the stock price went below $1 per share bid price (9 Apr). I think we'll be seeing it in the Pink Sheets (Over the Counter) soon.
 
Tijuana counter?
 
The de-listing process gives the company in question 30 days to get it's stock back above a dollar per share, where it must remain at least a dollar per share for 6 months.

I assume that since it is highly unlikey this stock will be getting back up to a buck before the 30 days, it will then de-list. The one question I have is if this 30 day period is 30 calender days or 30 business days that do not count weekends or holiday's when the market is closed.
 
It has failed to meet the Continued Listing criteria of NASDAQ since the stock price went below $1 per share bid price (9 Apr). I think we'll be seeing it in the Pink Sheets (Over the Counter) soon.

I'm wondering what firm would want to be a market maker for this crap.
 

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