There are 3 different standards to be listed on NASDAQ 1) earnings, 2) shareholder equity and 3) market cap. The only standard possible for UNIS is a $35 or $50MM market cap. I think funding and remaining listed are tied together, if we get the funding we will meet the market cap requirement. If the funding occurs in the next 2 weeks and the market cap rises I think NASDAQ would extend the listing to allow for the 10 days requirement. We are their customer and they don't want to fire us unless they have too.
UNS Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held