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Sunday, October 06, 2019 3:04:01 AM
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Its nice when you find a stock under a dime that will hit dollars. Heck close to a nickel will be 40 times your investment when this hits 2 dollars a share. I expect actually 60 times min as NASDAQ requirements are 3 dollars per share bid. As per more DD that is coming out now from insiders mouths.
LET ME STATE ONLY IF THE DD IS A FACT WHICH IT SEAMS IT IS SO FAR>
westwich Saturday, 10/05/19 08:26:52 AM
Re: Andrew23 post# 5758 0
Post #
5761
of 5831
Per my 15min Phone Talk with CLSI IR>Liz>yesterday...(very nice lady open to talking ).
Liz said that Tony Nicks (being a business consultant in California for 20yrs) heard somehow about CLSI and that just their business not the public Co. Structure with tradable stock went private because they no longer wanted the responsibility and costs of constantly having to file financial reports.
So Tony approached them with the idea of RMing in one of the Companies on his roster that wants to go public.
They were happy to oblige after hearing what he had in store for coming into CLSI.
From what Liz said the RMing Company is apparently a NASDAQ Caliber Company not wanting to go the IPO route because of all the costs and time it takes to do an IPO.
There were 2 Companies Tony was working with in July and the 1st one for whatever reasons didn't work out so he had a second one lined up that he quickly could go with them instead ( maybe both could of been those rumoured $50m plus Marijuana Co's that were posted about here on the CLSI Sticky DD posts.
LIZ SAID THEY ASKED TONY NOT TO TELL THEM SPECIFICALLY WHAT CO. IS RMing.
Anyway my takeaway is that it is a NASDQ Caliber Company that is RMing into CLSI.
Once that STOP Sign is removed I think we could see the second eruption of KRAKOTOA!
I don't like to put big expectations on share prices but if this is indeed a Pre Nasdaq stock then we are in at the ground floor of a huge opportunity. Lets let the facts speak for them selves here so as not to sound like a pumper.
To be listed on the NASDAQ exchange and reporting system, the following requirements:
Shareholders Equity of at least $2,000,000.
YES CLSI HAS THIS
![](http://investorshub.advfn.com/uimage/uploads/2019/10/6/ssvdgCLSI_NASDAQ_RULE_1.png)
At least 100,000 shares of public float.
YES CLSI HAS THIS
So do a lot of share holders at these prices.
A minimum of 300+ shareholders.
YES CLSI HAS THIS
![](http://investorshub.advfn.com/uimage/uploads/2019/10/6/emclcCLSI_NASDAQ_RULE_2.png)
Total assets of $4,000,000.
![](http://investorshub.advfn.com/uimage/uploads/2019/10/6/liawsCLSI_NASDAQ_RULE_4_png.png)
At least two market makers.
$3 minimum bid price of the company stock
Price is what you pay. Value is what you get.
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