There are actually different requirements for different exchanges. Emma's post lists the requirements for listing on the NASDAQ.
The income requirement for the NASDAQ is an "either or" - meaning they don't have to meet the income requirement if they meet other specified requirements. Nevertheless, there is an income requirement stipulated in the NASDAQ listing requirements so I was correct.
The bottom line is that Pluristem needs to announce mega news that includes $$$$ coming into the company. If they don't have this news ready to be issued, they had no business doing an RS and trying for a NASDAQ listing at this time. Of course I hope they have this news ready to go. This is what EDIGOKIE was trying to warn us about. No big news and we sink like a lead balloon.