https://www.otcmarkets.com/filing/html?id=13534109
Post# of 1012
(Total Views: 116)
Posted On: 07/11/2019 7:13:41 PM
https://www.otcmarkets.com/filing/html?id=135...a-hYhs_e3h
the 8 month delay in starting the 3d survey
plus failure to explain what they are doing in the meantime in the field and with associated permits etc,
the draining of the buy side of the market buy sell ratio via the apr 24-june 26 fundraising
while focusing on the exec mgmt salaries and employment agreement
all contributed to lowering pps so much that they could not satisfy the 40M market cap requirement for an additional 180 day period
so they transferred to another level of the nasdaq as explained in the filing for the additional 180 day period to regain compliance with listing rules
the 8 month delay in starting the 3d survey
plus failure to explain what they are doing in the meantime in the field and with associated permits etc,
the draining of the buy side of the market buy sell ratio via the apr 24-june 26 fundraising
while focusing on the exec mgmt salaries and employment agreement
all contributed to lowering pps so much that they could not satisfy the 40M market cap requirement for an additional 180 day period
so they transferred to another level of the nasdaq as explained in the filing for the additional 180 day period to regain compliance with listing rules
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