Thanks Buildit! I just checked the NASDAQ listing rules...I think you are right...NGIO would need to come out of the NAZ gate at $4 or more...that gives $1.6 billion valuation.
Buildit wrote -
In my best understanding, NGIO would need to come out of the NAZ gate at $4 or more... does anyone know for sure if it can be lower than that?
So the logic in me says it’s hard to believe that there can be so much value in NGIO when the parent company has a market cap of $50MM. I don’t pretend to fully understand the powers of the NAZ vs OTC, but this seems like a tall order. So something big must be in the works that we don’t know about, besides CV, since the plan was in the works well before that. Maybe it’s the acquisition, maybe a BP investor?
I did take note of the Oasis deal having a minimum of $1/sh... the price below which the NAZ would say “bye bye!” So I do think that if we can get listed and uncover everything that’s going w NGIO from “the hopper”, we will be able to stay on the NAZ.
I also tend to think Joe will want to make sure there is true value established in NGIO before he lets it go. Maybe this would be less true if GNBT has trouble w financing... but that wouldn’t seem to jive with a successful NGIO listing.
Definitely interesting time. I sure hope we see a steady rise into the conf call!
Read More: https://investorshangout.com/post/newpost/622...z6Qb1B04p8
Buildit wrote -
In my best understanding, NGIO would need to come out of the NAZ gate at $4 or more... does anyone know for sure if it can be lower than that?
So the logic in me says it’s hard to believe that there can be so much value in NGIO when the parent company has a market cap of $50MM. I don’t pretend to fully understand the powers of the NAZ vs OTC, but this seems like a tall order. So something big must be in the works that we don’t know about, besides CV, since the plan was in the works well before that. Maybe it’s the acquisition, maybe a BP investor?
I did take note of the Oasis deal having a minimum of $1/sh... the price below which the NAZ would say “bye bye!” So I do think that if we can get listed and uncover everything that’s going w NGIO from “the hopper”, we will be able to stay on the NAZ.
I also tend to think Joe will want to make sure there is true value established in NGIO before he lets it go. Maybe this would be less true if GNBT has trouble w financing... but that wouldn’t seem to jive with a successful NGIO listing.
Definitely interesting time. I sure hope we see a steady rise into the conf call!
Read More: https://investorshangout.com/post/newpost/622...z6Qb1B04p8
