InvestorsHub Logo
Followers 20
Posts 876
Boards Moderated 0
Alias Born 11/06/2012

Re: None

Tuesday, 11/04/2014 6:39:00 AM

Tuesday, November 04, 2014 6:39:00 AM

Post# of 4232
The listing of our common stock on NASDAQ, something we have discussed before at Vuzix as a corporate goal, requires as one of its conditions a minimum net shareholders’ equity of $5 million. We would satisfy this minimum standard with the cash exercise of all of our outstanding warrants and the elimination of the related derivative liability. Our objective is to ultimately accomplish the minimum stockholder equity requirement with the least amount of dilution to our existing capital base.

does that mean we will have $5mil + when all warrants gone...that tells me we made a 5M$ Stockholders’ Equity in Q3 right?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VUZI News