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Thursday, October 30, 2014 10:56:26 AM
Just one of the requirements is a 4 dollar bid.
There are options that allow an up list with lower than $4 per share price.
I don't think anyone should expect an up list announcement anytime soon and I hope no one is suggesting that because this company has a lot of work to do before that will occur. However, just because the stock is at .025 today doesn't mean it won't be at $3 in 2 years. The stock is cheap now. Yes there's some dilution. The management seems aware and sensitive to this.
IF the company reaches a point where they have positive unleveraged cash flow, I expect to see them buy back all this cheap stock. The potential is there. Doesn't mean it will come to fruition but it's there. That's what OTC investing is all about.
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