InvestorsHub Logo
Followers 0
Posts 13277
Boards Moderated 0
Alias Born 05/06/2016

Re: supernova23 post# 59

Monday, 11/26/2018 12:30:19 AM

Monday, November 26, 2018 12:30:19 AM

Post# of 7702
Since the number of shareholders isn’t disclosed on OTCM there’s no telling how close they are to the 2,200 required for NYSE.


Most penny stocks I’ve followed have less than 300, but this one’s on OTCQB and may have more.

Or not - why would the TA want to hide that number?


Moving from OTC to a major exchange

While a lot of fanfare may occur when a stock is newly listed on an exchange, especially the NYSE, a new initial public offering (IPO) is not carried out.
Instead, the stock simply goes from being traded through the OTC market to being traded on the exchange.



A $4 per share minimum is also required, but that could easily be achieved on positive earnings.

Hell, they were almost there 3 weeks ago when some folks experienced premature speculation on NASA news. smile


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KULR News