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Friday, July 22, 2016 1:32:23 PM
I feel that once $1 breaks and holds, with a continued increase in the fundamental value (production, distribution, selling, then FDA, etc) I assume price will be driven substantially higher with the first goal of uplisting it onto the Nasdaq.
OTC greatly restricts the potential shareholder base because many brokerage firms/ and/or most advisors at those firms, aren't allowed by compliance to purchase OTC stocks like this. This goes for the institutional side as well. I believe the percentage of financial advisors in the US that are allowed to purchase OTC stocks is somewhere between 5 and 8%. And of that 5-8%, most won't dare put their career on the line to recommend something like this, or even look at it for more than 2 seconds. An uplisting I believe is high on the priority list once positive human trial results are hopefully announced.
Trader and Investor since '09
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