![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, February 02, 2015 5:03:43 PM
There are so many reasons up-listing make's sense with a R/S...
1..It's all about valuation. SLTD will receive a more generous valuation on the bigger board
2..Approx 70% of institutional investors can't invest their clients money in penny stocks on the OTCB..Up-listing opens up a whole new world to us
3..If you had a buggy whip to sell...And if you sold it today you'd get $10 for it....But if you wait 6 months you can sell it for $100...Wouldn't you wait? That is why JN want's to up-list soon in preparation for the cell news to come...The news will attract a much broader investment audience, higher P/E, which will translate to a higher valuation
4...Acquisitions will be much easier for JN to execute...If you own company x, and JN comes to you for possible merger, would you be more willing to do a deal knowing your getting stock traded on the big board compared to the OTCB
5...Conclusion...I started out with valuations..It matters not when SLTD becomes a billion dollar company (market cap) whether you own 100k shares at $3 pps or 2500 shares at $100+
Note...SLTD would never reach that 1 B market cap while on the OTCB
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM