Wednesday, February 19, 2020 6:10:32 PM
What they are avoiding, and the reason you are reading actual news instead of publicity news from them, is because they are going to keep this stock below a consistent $ 5 until they are certain they are ready to change boards.
The board they trade on now is $ 5.00 and below. To go to the big board, a consistent $ 5.00 and above, they will want to have taken advantage of every supplier, every contract, etc, etc before they are viewed as a company to charge higher costs to.
For example: If you buy a product regularly under the name Mike's Auto Repair, you will probably pay a certain price. If you order under the name General Motors or Ford Motor Company, you might get price gouged. To argue that this doesn't happen is to say that our government doesn't get taken advantage of by their suppliers even though they are the US Government. $ 700 toilet seat, anyone?
I think this is a big part of it. They are avoiding going big before they have accomplished a certain number of things so they are not held over the buy out fire or forced to pay higher costs.
Take care, Jim
Recent CNBX News
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 09:27:08 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/12/2024 03:13:35 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/14/2023 02:28:11 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM