Basically yes, $2 is the minimum to up list. Ther

Basically yes, $2 is the minimum to up list. There are three levels of Nasdaq and the "rules" say $4 closing price on the OTC or any other actual exchange. But it is deeper than that. Level one, the Nasdaq will make exceptions to the $4 rule and up list at $2 closing price OTC. Level two they will make an exception of $3 OTC. BUT the catch is 5 days in a row of OTC closing price at that $2 or $3 dollar closing price, miss a day and it starts over.

For level three ( the hardest to achieve and NO exceptions), the way I read it, we only have to close at $4 for one full trading day, then we can up list the next day. But we absolutely have to trade OTC for one day or five days, depending on the level. A note though, I was told on the phone they strongly suggest up listing companies trade for 3 days for level three, to let the "worlds computer systems" and back offices prepare for the up list. But it is NOT a requirement for 3 days, just the one or five days.

Another point to be sure and understand, we are Up Listing not Direct Listing. Direct Listing is only for private companies doing an initial offering that is not raising capital. DL is only for private companies, we are a public company. In Direct Listings the Nasdaq sets the first opening price. In Up Listing the opening Nasdaq price will be determined by the market makers looking at the day before closing price on the OTC and the demand and supply of stock at the opening on Nasdaq, then the MM's will set the opening Nasdaq price, based on what it closed for on the OTC the day before, then trade number two is supply and demand pricing.

So, read between the lines, we need the price to close OTC at the amount required and on the Nasdaq open, for your own sake don't flood the MM's with sell orders because you see a big number in your account. Again, the stock market is supply and demand pricing, if the supply is lower than demand then the price has to go up.

One last point, lets keep the first day OTC and Nasdaq price expectations realistic. All of us that have been here for awhile have seen first hand what happens to the share price when expectations exceed what actually is happening. Not a big deal now but it could bite us all after the news is out. It does not matter what any of us THINK the price should be, the MARKET will tell us what it thinks UNVC is worth.

For the record, I think we get the level three, $4 Nasdaq, Doc may do only the one day of OTC trading required or two or three days. I think one day, he wants off the OTC. I do think we will trade very much higher very quickly. We may very well close well over the minimum required while on the OTC and have a great opening on Nasdaq. We own the "needle in a haystack", "once in a lifetime" stock and CEO, don't forget that and profit from being in "the right stock at the right time".