InfoSonics ( IFON) Company Profile: InfoSonics is a distributor and provider of wireless handsets and accessories in Central and South America. Current Share Price: 81 cents (April 26) Listing Violation: Bid price. The listing rule requires that a company maintains a minimum closing bid price of $1 per share for its common stock. InfoSonics shares last closed above $1 on March 18. Received Nasdaq Notice: April 5 Management's Expected Action: InfoSonics has until Oct. 3 to regain compliance with the bid price requirement. The company said it intends to monitor the bid price of its common stock and will consider available options if the stock does not regain the $1 threshold by Oct. 3.