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Re: Penny City Sharps post# 32609

Wednesday, 06/26/2019 8:00:58 PM

Wednesday, June 26, 2019 8:00:58 PM

Post# of 46367
Connect me if I'm wrong, but there are many requirements to uplist to a major exchange. I believe revenues must be an audited 70 million minimum, along with the $4 or so share price. So uplisting is probably at least a couple years away. It appears the sustained minimum share price may be the bigger issue for uplisting given the share structure. However if they do report stated revenues as the next 15 months go by, the share price could easily get up there, then at that time if all they need is to hold a given share price to fully qualify for uplisting, they can do a R/S. But of course a RS can come for many reasons much sooner.
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