Posted On: 10/10/2015 8:10:26 AM
Post# of 30066
Reminder, in order to get listed on NASDAQ the shareholders equity has to increase to $5 mil, market valve has to increase to $15 mil, and price has to be above $4.
Yes and quite honestly lucky for us if NASDAQ is true goal they have put their self in position where mass dilution obvi isn't an option. Unless they would try a non proportionate reverse split with new share count? I hope not. They need SH vote but im under the impression with new shares our votes now are moot. I have faith this is NOT their strategy. Obviously a proportionate split is out of question as even 2:1 would leave only 16 million AS shares.
Yes and quite honestly lucky for us if NASDAQ is true goal they have put their self in position where mass dilution obvi isn't an option. Unless they would try a non proportionate reverse split with new share count? I hope not. They need SH vote but im under the impression with new shares our votes now are moot. I have faith this is NOT their strategy. Obviously a proportionate split is out of question as even 2:1 would leave only 16 million AS shares.
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