I see what is confusing for you. You're thinking that if the price of UNVC stock is not $4, how can we qualify for the NASDAQ. If we were a solitary OTC company trying to qualify for the NASDAQ reaching a price of $2-$4 on the OTC might be necessary or required first. Many companies reach this required price by doing a Reverse Split which gives shareholders fewer shares at a higher price (which I am very glad DOC is not doing here).
However, UNVC is a conglomerate of MANY COMPANIES with BIG REVENUES and there are at least four different ways to qualify for the NASDAQ (see below).
A company has four different ways to get listed on the NASDAQ, depending on the underlying fundamentals of the company.
Listing Requirements for All Companies.
Standard No. 1: Earnings.
Standard No. 2: Capitalization With Cash Flow.
Standard No. 3: Capitalization With Revenue.
Standard No. 4: Assets With Equity.
Because DOC already has a lot of money/capital/profits from his other companies that are being incorporated into the UNVC conglomerate, UNVC is doing a direct uplisting to the NASDAQ, which doesn't require the raising of additional capital.
However, UNVC is a conglomerate of MANY COMPANIES with BIG REVENUES and there are at least four different ways to qualify for the NASDAQ (see below).
A company has four different ways to get listed on the NASDAQ, depending on the underlying fundamentals of the company.
Listing Requirements for All Companies.
Standard No. 1: Earnings.
Standard No. 2: Capitalization With Cash Flow.
Standard No. 3: Capitalization With Revenue.
Standard No. 4: Assets With Equity.
Because DOC already has a lot of money/capital/profits from his other companies that are being incorporated into the UNVC conglomerate, UNVC is doing a direct uplisting to the NASDAQ, which doesn't require the raising of additional capital.
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