(Total Views: 281)
Posted On: 12/09/2018 7:37:33 PM
Post# of 32187
![](/m/assets/46931549/no_avatar_available_thumb.jpg)
One issue that has not been spotlighted is that an uplist to NASDAQ requires that the share price has been at a certain level for a certain number of trading days.
To shortcut DD let's posit that the price has to be $4 for 10 days. So my understanding is if the share price averaged $0.40 during that period a 1:10 RS would be the minimum required.
Am I right about this: It is present shareholders' (us) advantage to minimize the RS but SC principals would want the RS to be higher as they would receive more shares. So a tricky balancing act.
Unless, of course, the deal has been changed. On tenterhooks for the revised S-1. (I'm exaggerating for effect)!
To shortcut DD let's posit that the price has to be $4 for 10 days. So my understanding is if the share price averaged $0.40 during that period a 1:10 RS would be the minimum required.
Am I right about this: It is present shareholders' (us) advantage to minimize the RS but SC principals would want the RS to be higher as they would receive more shares. So a tricky balancing act.
Unless, of course, the deal has been changed. On tenterhooks for the revised S-1. (I'm exaggerating for effect)!
![](/m/images/thumb-up.png)
![](/m/images/thumb-down.png)