LBCC - Blockchain Makeover Of A Penny Stock
Blockchain can sure blow smoke in your face mistaking a dog for a supermodel, at least in the case of Long Island Ice Tea Corp (LTEA) now rebranded to Long Blockchain (LBCC) on Nasdaq.
What would you do if you are the executive of a Nasdaq-listed company getting a "deficiency notice" from Nasdaq threatening to delist your company unless the market value rose above $35 million for 10 business days in a row? Long Island Ice Tea did receive such warning in October.
Typically, once a deficiency notice has been sent from Nasdaq, a company