I am glad this is behind us, but, those clowns wil
Post# of 11107
Posted On: 10/07/2015 12:41:27 PM
I am glad this is behind us, but, those clowns will find something else to chew on. They always do.
On the bright side, I am interpreting this dark period as a sign that the company intends to continue operations utilizing existing cash flow; in other words, there will be no dilution based financing. I do expect them to distribute shares to employees as incentives much like other companies do. Furthermore, I expect them to utilize this time to get the financials clean, audited and submitted on time per the new fiscal calendar (calendar year == fiscal year).
There are two things we will get out of this:
1) Excellent buying opportunity(ies) during the next few months.
2) Likely uplist in the first half of next year.
The question will be, to which market will they uplist? The QB is a great starting point to help develop the track record and discipline of a fully reporting company, but, it doesn't offer the visibility necessary to leave the trolls behind. If it were me, i would do it in several steps walking up the OTC Markets ladder and then jumping to the big boards after a few years of growth, consistent reporting and solid market penetration. I would do QB first and then uplist to QX after 3 years assuming they are profitable and revenue is at least $50M/year
On the bright side, I am interpreting this dark period as a sign that the company intends to continue operations utilizing existing cash flow; in other words, there will be no dilution based financing. I do expect them to distribute shares to employees as incentives much like other companies do. Furthermore, I expect them to utilize this time to get the financials clean, audited and submitted on time per the new fiscal calendar (calendar year == fiscal year).
There are two things we will get out of this:
1) Excellent buying opportunity(ies) during the next few months.
2) Likely uplist in the first half of next year.
The question will be, to which market will they uplist? The QB is a great starting point to help develop the track record and discipline of a fully reporting company, but, it doesn't offer the visibility necessary to leave the trolls behind. If it were me, i would do it in several steps walking up the OTC Markets ladder and then jumping to the big boards after a few years of growth, consistent reporting and solid market penetration. I would do QB first and then uplist to QX after 3 years assuming they are profitable and revenue is at least $50M/year
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