Friday, October 12, 2018 11:46:15 AM
There may be a limited market for our securities and we may fail to qualify for a NASDAQ, NYSE or other listing.
Although we plan on applying for listing of our common stock on the NASDAQ, NYSE or a different national exchange once we meet the qualifications, there can be no assurance that our initial listing application will be granted, when the required listing criteria will be met or when, or if, our application will be granted. Thereafter, there can be no assurance that trading of our common stock on such market will be sustained or desirable. At the present time, we do not qualify for certain of the initial listing requirements of the NASDAQ, NYSE or other national exchanges. In the event that our common stock fails to qualify for initial or continued inclusion, our common stock could thereafter only be quoted on the OTC Bulletin Board or in what are commonly referred to as the “pink sheets.” Under such circumstances, you may find it more difficult to dispose of, or to obtain accurate quotations, for our common stock, and our common stock would become substantially less attractive to certain purchasers, such as financial institutions, hedge funds, and large investors.
-and guess what, their business has grown so much in the last 3 years that uplisting has been back in their focus again. All bullsh** concerns that certain people bring up are old and tired - it's been there in their SEC risks declarations all along. The measure of progress, to me, is knowing the risks, declaring them to the SEC, and eliminating those risks (as evidenced by all the PRs put out this year). Stay long, folks.
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