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Re: HIKER_II post# 115059

Sunday, 04/30/2017 2:25:55 PM

Sunday, April 30, 2017 2:25:55 PM

Post# of 233278

As others have said, with Li in charge with his assertive actions and vested interest, this time with LQMT it really does feel different! I BELIEVE this is finally the year we will have follw through to our momentum.
I think that we have a chance to get close to a dollar this year with contract announcements. I believe if this happens we will see Li exucute a 4 or 5 to 1 reverse stock split. This will allow LQMT to be listed on the Nasdaq.



Assuming we are close to a dollar this year, Li won't, IMHO, do a reverse split for the purposes of getting listed on the Nasdaq. The criteria for getting re-listed are complex and involve more than simply having a share price above $4. (See, http://www.investopedia.com/ask/answers/121.asp.) In short, there are three standards listed beyond having a share price over $4.00, and LQMT would need to pass at least one of them. IMHO, by the time LQMT's fundamentals are strong enough to pass any of those listing standards, the share price will be well over $4.00.
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