Livewire Ergogenics Inc (LVVV)

[User-65225]

It’s actually pretty common for companies to delist while they re-structure, because it costs a lot to stay listed on the OTC

There would be a lot more dilution if they were having to cover all these SEC expenses with shares. They obviously were not making any profits back then and the share price was very low (deflated)

... but with their target goal of being cash flow positive this quarter, which seems possible considering they will soon be selling the hottest commodity within the hottest market, it makes sense to relist on the OTC now.

I would’ve done the exact same thing. Staying listed on the OTC would have resulted in hundreds of millions of shares if they had to raise the money at supenny prices... and all that dilution would’ve be for nothing other than to stay listed.

Would it have been better to crush everybody invested just for paperwork?