Regarding uplisting to a larger market... Arcturu
Post# of 75357
Posted On: 04/20/2015 1:43:21 PM
Regarding uplisting to a larger market...
Arcturus, I appreciate your reply. According to recent new releases, the two new attorneys that THCZ recently hired will be, among other things, "filing THCZ's registration with the SEC to convert the company as a fully reporting company."
In my mind that hints that they will eventually be upgrading to a larger, more respectable market where they will be required to keep up with the accounting and provide transparency and validate their earnings. It will also expose them to a larger audience of professional investors, and eventually get them out of the "penny stock" stigma.
I think it is a good sign of future progress for this company to get on a larger market with more exposure to large investors. And I appreciate that they are trying to meet the standards for truthful earnings reporting and timely filing of all required documents. It shows a commitment to doing the right thing.
Many of the penny stocks that are just pump and dump or "flipped" don't bother with the extra burden of becoming a fully reporting company. I bet you the future plan is to uplist to a larger market.
Arcturus, I appreciate your reply. According to recent new releases, the two new attorneys that THCZ recently hired will be, among other things, "filing THCZ's registration with the SEC to convert the company as a fully reporting company."
In my mind that hints that they will eventually be upgrading to a larger, more respectable market where they will be required to keep up with the accounting and provide transparency and validate their earnings. It will also expose them to a larger audience of professional investors, and eventually get them out of the "penny stock" stigma.
I think it is a good sign of future progress for this company to get on a larger market with more exposure to large investors. And I appreciate that they are trying to meet the standards for truthful earnings reporting and timely filing of all required documents. It shows a commitment to doing the right thing.
Many of the penny stocks that are just pump and dump or "flipped" don't bother with the extra burden of becoming a fully reporting company. I bet you the future plan is to uplist to a larger market.
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