Correct, even with a strong, financially stable me
Post# of 88576
1) Revenue
2) Profitability
3) Shareholders’ equity
4) Market value of listed securities
But it does not fix the 2.5+ billion share count that keeps the price in pennies.
A stock split remains 100% necessary for Nasdaq.....even in the best possible M&A scenario.
Realistic Path OTCQB for Univec (No Reverse Split)
1) Bid price above $0.01 for 30 trading days — very doable with any small PR, volume spike, or cleanup announcement.
2) Submit OTCQB application (takes 2–6 weeks to approve).
3) Done.... trading symbol stays UNVC, now on OTCQB.
Bottom Line
1) OTCQB.... No reverse split required (and almost never done).
2) Nasdaq.....Reverse split still 100% required.
So if David wants a quick, reasonable credibility boost right now, OTCQB is the logical next step.....get to it in weeks without touching the share structure.
When he's ready to go for Nasdaq the 1-for-500+ reverse split become unavoidable.
Real examples...SOBR, PRSO, and dozens of others traded around the $0.02–$0.09 range on Pink, went straight to OTCQB, did reverse split later only when targeting full Nasdaq.
Many OTCQB companies sit for years at $0.03–$0.25+ without ever reverse splitting.
This is a simple version, maybe someone else knows things I don't or better way.