Yes Rainer, you are right.

Global Market requirements:

5405. Initial Listing Requirements and Standards for Primary Equity Securities

A Company applying to list its Primary Equity Security on the Global Market shall meet all of the requirements set forth in Rule 5405(a) and at least one of the Standards in Rule 5405(b).

a) Initial Listing Requirements for Primary Equity Securities:

(1) Minimum bid price of at least $4 per share;

(2) At least 1,100,000 Publicly Held Shares; and

(3) At least 400 Round Lot Holders.

OK Poet meets these criteria and now for b) Poet meets the Market Value Standard

b) Initial Listing Standards for Primary Equity Securities:

(3) Market Value Standard

(A) Market Value of Listed Securities of $75 million (current publicly traded Companies must meet this requirement and the $4 bid price requirement for 90 consecutive trading days prior to applying for listing if qualifying to list only under the Market Value Standard);

(B) Market Value of Publicly Held Shares of at least $20 million; and

(C) At least four registered and active Market Makers.

Therefore, short term wise, it would be much easier to list on the Nasdaq Capital market which requires 5 consecutive days of closing price above 2$ USD

Hope this is helpful

To read the rules go:

to http://nasdaq.cchwallstreet.com/NASDAQTools/PlatformViewer.asp?selectednode=chp_1_1_4_3_6_4&manual=%2Fnasdaq%2Fmain%2Fnasdaq-equityrules%2F