(Total Views: 379)
Posted On: 12/21/2022 4:56:39 PM
Post# of 75038
I think it would be in the companies(and shareholders)benefit if RMHB was taken off the OTC and listed elsewhere. This will give us more credibility and exposure.
My pick would be the TORONTO STOCK EXCHANGE-VENTURE EXCHANGE.
Of course we don't meet the requirements for the Dow or Nasdaq at our current share price, but not true for the TSE-V. Here are a few guidelines...and they do accept USA companies.
In April 2020, the Exchange published a bulletin that revised the minimum price at which listed shares may be issued from CA$0.05 to CA$0.01 in certain circumstances. Under the Temporary Relief, if the market price of an issuer’s listed shares was not greater than CA$0.05, the minimum price at which that issuer could issue its listed shares was equal to that market price, subject to a minimum price of CA$0.01. However, if the market price of an issuer’s listed shares was greater than CA$0.05, the minimum price at which that issuer could issue its listed shares remained equal to the market price less the maximum permitted discount, subject to a minimum price of CA$0.05.
I'd like to hear what others think about this. This is an excellent exchange and a big step up from the OTC.
Many USA companies are listed in the USA and Canada, so nothing stopping RMHB from listing in Toronto now and the USA later.
My pick would be the TORONTO STOCK EXCHANGE-VENTURE EXCHANGE.
Of course we don't meet the requirements for the Dow or Nasdaq at our current share price, but not true for the TSE-V. Here are a few guidelines...and they do accept USA companies.
In April 2020, the Exchange published a bulletin that revised the minimum price at which listed shares may be issued from CA$0.05 to CA$0.01 in certain circumstances. Under the Temporary Relief, if the market price of an issuer’s listed shares was not greater than CA$0.05, the minimum price at which that issuer could issue its listed shares was equal to that market price, subject to a minimum price of CA$0.01. However, if the market price of an issuer’s listed shares was greater than CA$0.05, the minimum price at which that issuer could issue its listed shares remained equal to the market price less the maximum permitted discount, subject to a minimum price of CA$0.05.
I'd like to hear what others think about this. This is an excellent exchange and a big step up from the OTC.
Many USA companies are listed in the USA and Canada, so nothing stopping RMHB from listing in Toronto now and the USA later.
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