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Posted On: 06/08/2021 10:53:55 AM
Post# of 148908
How many shares that we own or the price of each share is just a symbolic number.
$5 is such a magic number for Nasdaq. Now we have revenue (there are many stocks without revenue in Nasdaq that have much smaller market cap).
If we want our stock price to rise, we need new investors. Stocks in OTC does not meet certain standard, that is why many institutions or individuals do not even consider investing. Without those money, stock price won't rise, it is much harder (more dilution) for CYDY to get future funding.
$5 is such a magic number for Nasdaq. Now we have revenue (there are many stocks without revenue in Nasdaq that have much smaller market cap).
If we want our stock price to rise, we need new investors. Stocks in OTC does not meet certain standard, that is why many institutions or individuals do not even consider investing. Without those money, stock price won't rise, it is much harder (more dilution) for CYDY to get future funding.
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