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Re: Chenteddybear post# 8950

Wednesday, 10/16/2019 6:36:54 AM

Wednesday, October 16, 2019 6:36:54 AM

Post# of 18345
Question Chen,

Will the PIPE effect the price. I have been reading about PIPE but one thing I am not clear about is will/how restricted shares effect the price?

If so shouldn't the PIPE take the price to 3.00 PPS on its own? And since the restricted shares can't be sold for 6 months. That gives the required time for the transition to NASDAQ? Since the price needs to be above 2 or 3.00 for 3 months for the approved transition to NASDAQ?

Thanks

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