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Message: Nasdaq has 4 starndards for listing, we don't meet the criteria of any....

Standard 1 requires earnings, of which there is none.  2 requires cash flow and 3 requires revenues.  But its not 3 strikes and you're out...there's a 4th standard that could be met without earnings, cash flow or revenue.   Standard 4 requires net tangligle assets of $80,000,000 in the last completed fiscal year...

You're just looking at the Nasdaq Global Select Market Listing Requirements.  There are other tiers. The requirements aren't necessarily that strict.

You're better off looking at this guide from the Nasdaq.  

"The Nasdaq Stock Market has three distinctive tiers: The Nasdaq Global Select Market, The Nasdaq Global Market and The Nasdaq Capital Market."

Scroll down past Nasdaq Global Select Market Listing for the other (less strict) tiers.....

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