Company did not put out any news or disclosures that could even mildly be interpreted as "bad news" or "It ain't happening". I speculate that they haven't got to the point yet of finalizing any of those phases because a lot of things need to be accomplished before it does. I also believe the acquisition strategy is designed to acquire companies with mega-revenues in return for them to get a piece pf the uplist pie and an exit strategy - yes, that means a LOT more shares in the market but on a national exchange. I speculate their banker has a formula by which the $15m is available via a multiple of an acquisitions EBITDA, and lets face it, you know all of this. Exactly what SYRX did with the same banker a few years back. NXTD just raised $20M of acquisition capital with basically no sales, from AEGIS and Livingston Securities, simply because they are on NASDAQ.
So some will say its not happening, others see it is. There is no indication at all that its not happening, and every indication it is. The company's time frame seems to be September, try waiting a few weeks more, company has already restructured the company for it.
