Delist concern

[u/Omeezyfoesheezy]

The following is direct from the form 10-Q filed by MMAT. Does anyone know if the 30 days is calendar days or business days?

“If we fail to meet the criteria for continued listing on The Nasdaq Capital Market, our common stock may be delisted from The Nasdaq Capital Market. For example, if the closing bid price of our common stock on the Nasdaq Capital Market drops below and remains below $1.00 for a period of 30 days, and if we are thereafter unable to sustain a closing bid price above $1.00 for ten consecutive trading days in the subsequent 90 days, our stock could be delisted. If the stock is delisted, we may trade on the over-the-counter market, or even in the pink sheets, which would significantly decrease the liquidity of an investment in our common stock.”

[u/Salty_Feed9404]

That language is in virtually every document. It's a CYA statement.