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Re: MrT11 post# 194

Tuesday, 05/03/2016 8:53:14 PM

Tuesday, May 03, 2016 8:53:14 PM

Post# of 216
Imo, the sub 20 cent stock was hindering B-Scada's ability to sign contracts because the company appeared to be scammy or weak with a stock price that low. So splitting the stock 1 for 10 made sense, as now its over $1 and maybe potential customers and funds may consider the company to be more viable and trust-worthy.

As for an up-listing, I'm not holding my breathe at this point. My guess is Ron was hoping to get up-listed within the next year or 2 if all the growth plans came together. As we know, with the oil rev disappearing and all around slow contract flow the last year, the main thing is to stop burning cash, replace lost contracts, and get back to profitability.