Requirements for NASDAQ listing
I believe one of the requirements for a company that has completed a reverse merger to get to NASDAQ is to sit through a year long waiting period. You might initially think that's bad news and Oncolix is still a year plus from the big board, but my take from that is that this time frame should be motivation enough for Oncolix to go ahead and complete the reverse merger sooner rather than later.
If my understanding of the law is correct, Oncolix should be motivated to go ahead and get this done sooner rather than later to get the clock started. If all goes to plan, they could be moving into Phase II trials in a year or so with who knows what kinds of announcements regarding funding and licensing, a stock price pushing a dollar or more, and plenty of momentum toward NASDAQ.
