Sunday, January 20, 2019 7:21:09 PM
And there would be absolutely no purpose in setting a deadline with the SEC if they could SIMPLY issue a new one in a time efficient manner. Management clearly has a schedule that they are trying to abide by which is probably now behind due to the grant coming in late.
Are you suggesting that management is so far out of touch that they either are attempting to kill momentum, or are unaware of the effects of an RS on the stock price?
The news came out after hours on Friday. Not sure why you're talking about intraday price action
You can't say with certainty the reaction of the Grant and the RS on the market. Last time i saw a large RS combined with news was ETRM in 2016 which moved up over 1500%. I'm sure there are examples both ways, but there is not a clear answer. The Grant is incredibly positive news.
Also, as was mentioned previously, you need to assess the effects of an RS based on its purpose. Uplisting compared to maintaining a listed are VERY different. I'm sure that doesn't need an explanation.
GL
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