持续上市的要求-记录

公司continued listing需要满足（a）里的全部以及（b）里面的至少一项

5550.Continued Listing of Primary Equity Securities

A Company that has its Primary Equity Security listed on the Capital Market must continue to meet all of the requirements set forth in Rule 5550(a) and at least one of the Standards set forth in Rule 5550(b).

(a) Continued Listing Requirements for Primary Equity Securities:

(1) At least two registered and active Market Makers, one of which may be a Market Maker entering a stabilizing bid;

(2) Minimum bid price of at least $1 per share; 股价不低于1美金

(3) At least 300 Public Holders; 至少300个公众股东

(4) At least 500,000 Publicly Held Shares; and 至少50万流通股

(5) Market Value of Publicly Held Shares of at least $1 million. 流通股价值（非关联方市值）至少100万美金

(b) Continued Listing Standards for Primary Equity Securities:

(1) Equity Standard: Stockholders' equity of at least $2.5 million;

(2) Market Value of Listed Securities Standard: Market Value of Listed Securities of at least $35 million; or

(3) Net Income Standard: Net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the three most recentlycompleted fiscal years.

Adopted March 12, 2009 (SR-NASDAQ-2009-018); amended June 16, 2009 (SR-NASDAQ-2009-052).