Wednesday, November 06, 2019 5:35:08 PM
Yes you are correct..... I have been in touch with the Nasdaq Listing Qualification Department to verify.
They will agree to an uplist if the company meets all the requirements except the share price, with the understanding a reverse stock split will happen. However the stock split must be completed 1 week before the uplist.
SO......5 trading days after the announcement of a KBLB stock split and with good news announced and an uplist the next week. I would not want to OUT. Remember the float will be significantly smaller making shares tough to get at the price you want.
I believe the stock will rise after the split with the anticipation of an possible uplist at the end of 5 trading days.
Golferman
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