Typically a company in LIFW's situation would simply do a reverse split to get their shares back over $1 and meet the minimum bid requirement.. Not a big deal at all. But then again NASD listed companies usually don't over-estimate their Revenues by 99.9999% and be investigated by the Feds for fraud.

This POS company belongs on the scammy Pink sheets - not on a major exchange. Their lack of providing reliable financials hopefully gets them delisted sooner rather than later for the good of the investing public.

8 cents.........now

was just going to say the same thing…they have received notifications of not being in compliance due to not reporting financial results. My guess is they get delisted soon.

7.3 cents

Its like the New Years countdown!

Any word about the Cigarette PWC?

that’s funny right there…..

Ruiz is building a one off CRT PWC so he can make a Bond style escape from creditors! Stock has a 52 week low of .069 so I'd bet a nickel a share is coming shortly.

Wonder if the employees at CRT have any concerns about their weekly paychecks. Ruiz is a well known guy in Miami and the Miami Herald has done a ton of coverage on his spending (jets to college athlete funding) and now is doing stories on his lawsuits/wealth evaporation. The New Times is a weekly paper and they have done some stories also. CRT employees are blue collar guys, they need that check every week and don't want to hear about a lawyer or his 22 yr old CEO not having money for payroll as they drive off in their 200K car.to watch a college game where they gave players 800K to play ball at U of Miami.

someone once told me "the toes you step on today may be connected to the foot that kicks you in the azz tomorrow."

Maybe Ruiz should put his 22 year old CEO into his other affairs since he's such an innovator and whatever else he was supposed to be. I feel sorry for the hard working "regular" folks at the factory and offices, what an insult to their years of hard work.

If that ever happens that'll be epic Karma.
I hope it does!

Ditto. They've done so much for the Cigarette Racing Team brand and its owners. That they got canceled as a dealer simply showed how much out of tune Ruiz was as an owner of Cigarette. Not sure they would even be interested in owning Cigarette Racing, but whoever will be the new owners better realize what tremendous value certain companies, like Performance Boat Center, are for a manufacturer.