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Sunday, 11/17/2019 10:03:11 PM

Sunday, November 17, 2019 10:03:11 PM

Post# of 689033
Given the Nasdaq listing requirements, and funds required to do it, the best way to achieve it would be after a partnership that boosts the share price dramatically and provides all the necessary funds. Otherwise, even with a R/S substantial dilution would be needed to fund it.

Personally I hope a R/S is never needed, but after all warrants etc are converted it's said we'll have nearly a billion shares outstanding. While that's a big number, many major companies do have more. I'd like to see a share price well in excess of a dollar before any consideration is given to it.

I believe the most successful R/S's are done with shareholders concurrence, and generally they're very small ratios. At a share price over $2 I believe shareholders would support a 1 for 2 to achieve the Nasdaq, but it would be nice to achieve it without it.

Gary
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