![](https://investorshub.advfn.com/uicon/215659.png?cb=1709026279)
Wednesday, September 02, 2015 4:47:04 PM
After R/S, the shares number will be reduced to 35 million.
Calculation = $4M / 35m shares = 11-12 cents.
11 - 12 cents is far away from pass through limits to be up-listed to NYSE or NASDAQ which have the trash hold of $2/PPS.
In my opinion, Vanis will be forced to:
Enter into agreement with finance institutions for credit line, around $150M where He will secure 40M shares. 35M + 40M shares = 75M In this situation, the CEO will hold cash which can easy to create assets from acquisition or build some production lines.
Both cases will positively reflect PPS. However I prefer to see him builds production lines.
I strongly believe, at this stage, before 2016 there is nothing to conclude about R/S action.
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM