Friday, November 11, 2016 1:18:45 PM
This is not a major uplisting but now the OTC has realtime L2 quotes available for SGBY as with all QB tickers. QB has more strict requirements for securities whereas requirements for Pinky stocks are much lower. At the end of the day, up listing the QB should bring more stability to the stock price and bring in more potential investors as well.
I wouldn't say its a massive undertaking but it is a tribute to the continued growth and stability of SGBY. I will not say this is the end of any and all dilution, but I believe with the up listing means that from here forward issuing convertible notes just to cover the day to day bills like they did in 2015 is a thing of the past and also that the company firmly believe this stock will remain above .01 from here forward.
Remember 6 months ago this bad boy was sub penny .001s
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