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Re: faraifarai post# 103611

Thursday, 05/21/2015 11:47:49 PM

Thursday, May 21, 2015 11:47:49 PM

Post# of 403254
faraifarai, Just chatter? A RS has to be on-the-table as a way to protect the company from being de-listed once up-listed. Just because CTIX ups to the Nasdaq, does not prevent the PPS from falling. So, doesn't it make sense to have a big cushion and help draw new buyers in? A stock below 5 is considered a "penny stock" and prevents most firms from buying. Yes, it's better if they don't do a RS, but the PPS will dictate they're direction...
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