RE: Deals25 Mar 2018 23:14
To move to nyse they need a shareholder base , hint hint.
https://mobile.twitter.com/FlagshipFGCN
In order to qualify for listing on the NYSE, as Flagship is a US company, the Group must achieve the following criteria:
Aggregate pre tax income of $10m over the 3 years prior to listing OR
A Global market value of $200m for 90 consecutive trading days prior to clearance for listing
AND all of the following:
2,200 shareholders or 400 round lot
1.1 million shares in issue (excluding directors holdings and those of their families, and those with holdings of more than 10% of the issued capital of the Company)
$100m Market Value of publicly held shares (excluding directors holdings and those of their families, and those with holdings of more than 10% of the issued capital of the Company)
$4 minimum share price
1m average monthly volume of shares traded.
The Company must also be up to date with all its quarterly filings with the SEC.
http://flagshipglobalcorp.com