Thread regarding Gulf Resources Inc. layoffs

Delisted & Bankruptcy

I am not a financial expert but I heard that if our stock stays under $1 for more than a month NASDAQ will delist us which will force GR to go to a smaller stock exchange (like over the counter or something like that). People say this is bad for a company and that it often leads to bankruptcy - not sure if Gulf Resources will go bankrupt but it sure does not sound good... I hope the stock goes back up.

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