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Re: mikeonmicrocaps post# 73949

Thursday, 05/18/2017 9:23:21 AM

Thursday, May 18, 2017 9:23:21 AM

Post# of 81571
Not sure I understand all of the talk about getting off the OTC. Where are we supposed to go then? To get on the Nasdaq, there are significant qualification requirements that we don't come close to meeting, including revenue and profit requirements as well as a $4.00 stock price and at least 3 market makers.

After all of the complaints over the last reverse split, I can't believe there is any appetite here for another one. But that's the only way I can see that we could possibly begin to meet Nasdaq qualification requirements. There would still be work to do after that, assuming we could hold a post split price over $4.00 long enough to get it done.