Wednesday, May 31, 2017 12:18:25 AM
These may be bad examples, but hopefully the point will come across.
There are stocks that trade on the OTC that have plenty of liquidity: FNMA
There are stocks that trade on the NASDAQ with very little liquidity and market caps lower than a lot of OTC companies: PIH
What brings liquidity is not necessarily what exchange a stock is traded on, but the popularity of the brand from whatever media exposure/attention/coverage a company has with their product, service, or retail business.
And it doesn't matter if a company has profits or not, there can still be tons of liquidity as long as the brand is well known, examples being AMZN, MBLY, and TSLA in their early days.
I believe Roger is all about building the brand and gaining widespread exposure and popularity to the Snakes and Lattes brand, as well as the GROzone division.
Long story short, (too late)...the point is, as long as Roger continues along the path he's currently on, the brand will become more and more popular, and the liquidity will come regardless of the exchange we're traded on. And that's what's needed most: liquidity, to move the stock.
One can argue that an uplisting to any higher exchange than we're currently on, will open up investment to a wider, and MUCH richer group of the investment community, but that doesn't automatically bring volume and liquidity.
Don't get me wrong, I'm all for any uplisting, but that will take care of itself in due time. And in my opinion, the focus should not be on doing any kind of reverse split anywhere in the near future just to uplist, but on building the brand and bringing it to a wider audience.
As Wes (GTINSPECTOR) would say...just offering "My Two Cents" :)
Go AMFE
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