$NVIV...uplisting in the future???
DDobserver Friday, 02/27/15 07:45:01 AM
Re: hogfan2 post# 3851
Post # of 3853
In the 2013 annual report the statement below in quotations was made. I have to believe and conclude that every last detail has been analyzed and completed to date for an up-listing that is advantageous to the end goal; considering the caliber of the management that has been placed in strategic positions and goals set by the executive staff over the past two years have been decisive and completed in a methodical manner one at a time. So it would make no sense at all to overlook up-listing requirements and their details of completion.
"Launched Warrant Tender Offer with Intent to Up-List Stock to National Securities Exchange. In April 2013, we commenced an
offer to exchange 15 million outstanding warrants issued in 2010 with new warrants. The intent of the warrant exchange offer is to
remove a warrant liability from InVivo’s balance sheet that has been a major impediment to up-listing InVivo’s stock to a National
Securities Exchange such as NASDAQ or NYSE MKT. The new warrants being offered have extended the expiration date by two years
in exchange for removal of an anti-dilution clause that requires us to account for the existing warrants as a liability instead of equity."
sons4 Thursday, 02/26/15 10:06:16 PM
Re: hogfan2 post# 3848
Post # of 3853
Jason Napodano, CFA
?@JNapodano
Expecting 30-day safety update from $NVIV very soon. BTW, if they can get the stock to $3 / share I expect them to uplist to NASDAQ asap.
Jason tweeted out a couple weeks ago he met with management and said it was a very good meeting, so I'm sure he knows their intentions.
