Agoracom: Small Cap Investment - POET Technologies Inc.

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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KROM

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Nasdaq listing requirments.!!!

posted on Jul 19, 2014 06:28PM

Here is the source.

http://www.venturelawcorp.com/listing_requirements_nasdaq.html

Seasoned companies (those companies already listed or quoted on another marketplace) qualifying only under the Market Value Standard must meet the market value of listed securities and the bid price requirements for 90 consecutive trading days prior to applying for listing.

Min Share holder Equity? 55m hmmm?

Do we have more then 2200 total shareholders?

Notes:

Seasoned companies currently trading on another market are required to have a market value of publicly held shares of $110,000,000 or a market value of publicly held shares of $100,000,000 and $110,000,000 in shareholders’ equity.

Issuers listing concurrently with an initial public offering or as a spin-off may alternatively have 2,200 total shareholders. Seasoned companies currently trading on another market or affiliated companies of listed on Nasdaq Global Select Markets may alternatively have 2,200 total shareholders or 550 total shareholders and 1,100,000 average monthly trading volumes over the last 12 months.

I asume these are all minumums? and if 4$ is the required share price then why dont we just wait until revenue which seams to be required, name partners, put out P2 and make it happen? I am sure Revenue and P2 can get us up over 5$ prettty easy.

Correction.. I see a min price of 2$ So why the RS? if big funds cant buy in thats there problem! Let them wait until we have revenue and they can get in when their sill rules let them.

Summary of Listing Requirements: Master Chart
Requirements	NYSE1	NYSE-Amex2	TSX3	NASDAQGM4	NASDAQCM5	TSX Venture6	CNSX7	OTCBB8
Pre-Tax Income Last Year	$2,000,000 (minimum multi-tiered formula)	a. $750,000 b. N/A c. N/A d. N/A	a. C$300,000 b. C$200,000 c. C$200,000	a. $1,00,000 b. N/A c. N/A d. N/A	a. N/A b. N/A c. $ 750,000	Tier 1: $5,000,000 in NTA; or $5,000,000 in revenue	N/A	N/A
Two Year Avg Pre-Tax Income	$2,000,000 (minimum multi-tiered formula)	a. $750,000 (2 out of 3 years) b. N/A c. N/A d. N/A	a. C$500,000	a. $1,000,000(2 out of 3 years) b. N/A c. N/A d. $75,000,000 (2 out of 3 years)	a. N/A b. N/A c. $ 750,000 (2 out of 3 years)	Tier 2: $750,000 in NTA; or $500,000 in revenue or $2,000,000 in arms-length financing	N/A	N/A
Net Tangible Assets	N/A	a. N/A b. N/A c. N/A d. $75,000,000 (or equiv market cap)	a. C$7,500,000 b. C$2,000,000 c. C$7,500,000 d. N/A e. N/A	a. N/A b. N/A c. N/A d. $75,000,000 and $75,000,000 Total Revenue	N/A	see above	N/A	N/A
Mrkt Value Publicly Held Stock	$100,000,000 OR $40,000,000 (if IPO)	a. $3,000,000 b. $15,000,000 c. $15,000,000 d. $20,000,000	C$4 mil. (Ind) C$10 mil. (tech)	a. $8,000,000 b. $18,000,000 c. $20,000,000 d. $20,000,000	a. $15,000,000 b. $15,000,000 c. $5,000,000	Tier 1: $150,000 Tier 2: $75,000	$50,000	N/A
# of Shares Publicly Held	1,100,000	500,000 (if 800 public shrldrs) 1,000,000 (if 400 public shrhldrs) 500,000 (if 400,000 public shrdlrs and daily trading vol. of 2,000 shares recent six months)	1,000,000	1,100,000	1,000,000	Tier 1: 1,000,000 or 20% of Float Tier 2: 500,000 or 20% of Float	500,000 10% of Float	25,000
# Public Board Lot Holders	a. 400 (US) b. 2,200 (if monthly trading vol. of 100,000 shares recent 6 months) c. 500 (if monthly trading vol. 1,000,000 shares recent 12 months)	see above	300	400	300	Tier 1: 200 Tier 2: 250	150	40
Trading Price of Listed Securities	$4.00	a. $3.00 b. $3.00 c. $2.00 d. $3.00	No Minimum	$4.00	$4.00	No Minimum (IPO minimum of $0.15 per share)	No Minimum	No Minimum
Shareholders Equity	No Minimum	a. $4,000,000 b. $4,000,000 c. $4,000,000 d. N/A	No Minimum	a. $15,000,000 b.$30,000,000 c. N/A d. N/A	a. $5,000,000 b. $4,000,000 c. $4,000,000	No Minimum	No Minimum	No Minimum